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Full text of "Statistical summary, January - December 1950"






licatibgg 



Digitized by the Internet Archive 
in 2013 



http://archive.org/details/statisticalsumma1950bank 



INDEX 



STATISTICAL SUMMARY 



BANK OF CANADA 

//st 

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1950 



INDEX 1950 

INDEX 1950 

G51G.'JG „ , 

- — M indicates every issue. 

' ^ ' Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

A 

Agriculture 

Animal Products: U.S. direct investment in Canada 136 

Cattle & Meats: average prices & marketings 133 

revenue freight loaded: volume 107 

Dairy Products: manufactured 134 . . . . 134 

production 134 .... 134 

Exports: value: by commodities 15, 51, 89, 121, 173, 217 

Farm Operating & Living Costs: index 86 .... 85 

Farm Products: revenue freight loaded: volume 107 .... 107 

wholesale price index: Canada M 

U.S.A M . 54, 108, 131, 154, 220 

Fruits & Vegetables: U.S. direct investment in Canada .... 136 

Government Payments 50, 147 . . . 50 

Grain & Products: financial statistics 81, 164, 183 

revenue freight loaded: volume 107 

Grains: acreage & production 32, 118, 135 

Imports: value: by commodities 35,71,103,139,201 

Income: cash 50, 86, 147 . . 50 

net 67, 86, 169 

Livestock: average prices & marketings 133 

revenue freight loaded: volume 107 

Loans: chartered banks 207, 208 

Price Index 85 .... 85 

Wheat — see Wheat 

See also individual commodities or groups 

Aircraft 

Exports: value 16, 52, 90, 122, 174, 218 

Aluminum 

Exports: value 15, 51, 89, 121, 173, 217 

Animal Products 

Imports: value 35, 71, 103, 139, 201 

U.S. Direct Investment in Canada 136 

See also Cattle & Meats and Livestock 

Asbestos 

Exports: value 16, 52, 90, 122, 174, 218 

Production: value 26 .... 25 

volume 26 

B 

Balance of Payments 

Estimates 63, 64 

Merchandise Trade Balance M .... 88, 120, 176 

Bank Deposits 

Bank of Canada & Chartered Banks M 

See also Chartered Banks 

Bank Loans — See Chartered Banks and Loans & Investments / ^"^ 

Bank of Canada 

Assets M f\ 

Deposits M |ic</lb lU 

Foreign Exchange M 

Investments M 

See also Industrial Development Bank and Loans & Investments 






INDEX 1950 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Bank of Canada — continued 

Liabilities M 

Note Circulation M 

See also Note Circulation 

Banks — See Bank of Canada and Chartered Banks 

Beverages 

Exports: value 16,52,90,122,174,218 

Financial Statistics 81, 164, 183, 185 

Imports: value 35, 71, 103, 139, 201 

Loans: chartered banks 207,208 

Personal Expenditure: value & percentage 162 

Production: index 9, 98 

Bond Issues 

New Issues and Retirements 7, 61, 115, 161 

Summary of Changes in Currency of Payment 8,61,115,161 

See also Government Bonds 

Business Activity M . . . . 116,129 

c 

Canadian National Railways 

Bonds Outstanding: total gtd. & ungtd.: by currency of payment . . 8 

Deficit 45 

Loans from Government of Canada 45 

New Issues and Retirements — see Bond Issues 

Capital Issues — See Bond Issues 

Car Loadings 

Volume M 

Cash (Chartered Banks) M .... 55 

Cash Income — See Farm Income and Personal Income 

Cash Ratio (Chartered Banks) M . . . . 2,91, 142 

Cattle & Meats 

Average Prices 133 

Exports: value 15, 51, 89, 121, 173, 217 

Marketings: by region 133 

Revenue Freight Loaded: volume 107 

Central Electric Stations — See Electric Power 

Chartered Banks 

Assets M 

Cash M .... 55 

Cash Ratio M .... 2,91, 142 

Deposits: active total M .... 73 

annual classification 209 

Canadian total M .... 19, 37, 55, 109, 141 

177, 203 

demand M, 209 ... 141 

foreign M 

notice: active M 

inactive: resident & non-resident holdings . . . 159 

total M .... 74, 110 

total M, 209 . . . 20,38, 123, 141, 178 

savings — see notice (above) 

total M 

with Bank of Canada M 

See also Bank Deposits 

Investments M .... 19,37, 109, 177, 203 

See also Loans & Investments 



INDEX 1950 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Chartered Banks — continued 

Liabilities M 

Loans: annual classification 207, 208 

call M 

Canadian total M . . . . 19, 37, 56, 109, 177, 203 

current M . . . . /, 155 

total M, 207, 208 

See also Loans & I nvestments 
Note Circulation — see Note Circulation 
Security Holdings — see Investments (above) 

Chemicals & Allied Products 

Exports: value 16, 52, 90, 122, 174, 218 

Financial Statistics 81, 164, 183, 194 

Imports: value 35, 71, 103, 139, 201 

Loans chartered banks 207, 208 

U.S. Direct Investment in Canada 136 

Clothing 

Financial Statistics 81, 164, 183 

Loans: chartered banks 207,208 

Personal Expenditure: value & percentage 162 

Production: index 9, 98 

Retail Price Index M .... 28, 132, 216 

Retail Trade: index: cash & credit 44 

value: total . ... 29 .... 30, 198 

Coal 

Financial Statistics 81, 164, 183 

Imports: value 36, 72, 104, 140, 202 

Production: value 26 .... 25 

volume 26 

Revenue Freight Loaded: volume 107 

Commercial Failures 

Defaulted Liabilities: by province 66 

total 66 .... 66 

Number of Failures: by type of business 66 .... 66 

Communications 

Employment: numbers 102 

Loans: chartered banks 207, 208 

Payrolls 102 

See also Telephones 

Construction 

Commercial Failures 66 

Contracts Awarded: value: by area, type & total 11 .... 11 

re-idential M, 11 . . . // 

Dwelling Units: started & completed: by province & type ... 49 .... 49 

Employment: index 101 

numbers 102 

Loans: chartered banks 207, 208 

New Construction: value: private <S: public: I'.S.A 54, 108, 154, 220 

Residential Building Materials: wholesale price index 99 

Payrolls 102 

Salaries & Wages: value 12 

Consumer Credit 

Index: by type of store & total 44 

Copper 

Exports: value 15, 51, 89, 121, 173, 217 

Production: value 26 .... 25 

volume 26 



INDEX 1950 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Corporate Finance 

Balance Sheet 163, 165-168, 184-197 

Bond Issues & Retirements 7, 61, 115, 161 

Debt Outstanding: by currency of payment 8 

Source & Use of Funds 163, 165-168, 184-197 

Taxation 46, 81, 151, 163, . 82 

165-168, 184-197 

Corporate Profits 81, 163-168, 183-197 82 

Cost of Living Indexes 

Component Indexes M .... 28, 132, 216 

Farm Index 86 .... 85 

Total Index: Canada M . . . . 28, 100, 1 16, 129, 132, 

216 
U.S.A 54, 108, 154, 220 

Country General Store Sales 29 .... 30, 198 

Credit Buying — See Consumer Credit 

Currency & Active Bank Deposits 

Composition M .... 73 

Resident & Non-Resident Holdings 159 

Total M .... 73, 74, 110 

See also Chartered Banks 

Current Loans — See Chartered Banks: Loans 

D 

Dairy Products 

Cash Income 50, 147 ... 50 

Exports: value 15, 51, 89, 121, 173, 217 

Manufactured: value 134 .... 134 

volume 134 

Production: value 134 . . . . 134 

volume 134 

Department Store Sales 

Index: cash & credit 44 

Value: total M, 29 ... 30, 198 

Deposit Certificates 

Amount Outstanding 7, 61, 115, 161 

Net New Issues or Retirements 7, 46, 61, 115, 161 

Deposits — See Bank Deposits, Bank of Canada, and Chartered Banks 

Dividends — See Interest & Dividends 

E 

Earnings — See Salaries & Wages 

Electric Power 

Financial Statistics 81, 164, 183, 197 

Production: index 9, 98 

volume M 

Electrical Apparatus 

Exports: value 15, 51, 89, 121, 173, 217 

Financial Statistics 81, 164, 183, 190 

Imports: value 36, 72, 104, 140, 202 

Loans: chartered banks 207, 208 

Employment 

Indexes: by industries 101 

total M, 101 . . . 101,116,129 

Numbers: Canada: by industries 102 

U.S.A 54, 108, 154, 220 



INDEX 1950 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Expenditure — See Personal Consumption Expenditure and Public Finance 

Exports — See External Trade 

External Trade 

Balance of Merchandise Trade — see Merchandise Trade Balance (below) 

Capital & Current Account Items 63, 64 

Exports: goods & services: value 67, 169 

merchandise: value: by commodities 15,16,51,52,89,90, 

121, 122, 173, 174, 217, 
218 

by countries M . . . . 18, 34, 70, 88, 106, 

120, 138, 176 

Imports: goods & services: value 67, 169 

merchandise: value: by commodities 35, 36, 71, 72, 103, 104, 

139, 140, 201, 202 

by countries M . . . . 18, 34, 70, 88, 106, 

120, 138, 176 

Invisible Items 63, 64 

Merchandise Trade Balance M . . . . 88, 120, 176 

Merchandise Trade in Balance of International Payments . . . 63, 64 
Tourist Trade: receipts & expenditures 63,64 

F 

Farm Income 

Cash: value: by products 50, 147 . . . 50 

by region & total 50, 86, 147 . . 50 

Government Payments 50, 147 . . . 50 

Net & Gross Income 86 

Farm Operating & Living Costs 86 .... 85 

Farm Products 

Exports: value 15, 51, 89, 121, 173, 217 

Price Index: by province 85 

total 85 .... 85 

Revenue Freight Loaded: volume 107 .... 107 

Wholesale Price Index: Canada M 

U.S.A M .... 54, 108, 131, 154, 220 

See also individual commodities or groups 

Fertilizers 

Exports: value 16,52,90,122,174,218 

Field Crops 

Cash Income 50, 147 . . . 50 

See also Grain & Products and Wheat 

Fisheries 

Exports: value 16, 52, 90, 122, 174, 218 

Food Products 

Employment: index 101 

Financial Statistics 81. 104, 183, 184 

Loans: chartered banks 207,208 

Personal Expenditure: value & percentage 162 

Production: index 9, 98 

Retail Price Index M .... 28, 100, 132, 216 

Retail Trade: value 29 .... 30 

Revenue Freight Loaded: volume 107 .... 107 

Wholesale Price Index: Canada M . . . . 27, 215 

U.K M 

U.S.A M .... 27, 131, 215 

See also Fruits & Vegetables 






INDEX 1950 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 



Tables 

Foreign Exchange 

Capital Movement 63, 64 

Gold & U.S. Dollar Holdings 43, 97, 146, 211 

Transactions in Convertible Exchange from Sterling Area . . . 63, 64 



Charts 



Foreign Exchange Control Board 
Government of Canada Loans 



Foreign Investment 

Non-Resident Investment in Canada 
U.S. Direct Investment in Canada 

Foreign Trade — See External Trade 



Forest Products 

Employment: index . 

numbers 
Exports: value . 
Financial Statistics . 
Imports: value . 
Loans: chartered banks . 
Payrolls .... 
Revenue Freight Loaded: volume 
U.S. Direct Investment in Canada 
See also Newsprint 

Fruits & Vegetables 

Exports: value 

Imports: value 

U.S. Direct Investment in Canada 



45 



136 
136 



101 

102 

16, 52, 90, 122, 174, 218 

81, 164, 183 

36, 72, 104, 140, 202 

207, 208 

102 

107 . . . . 107 

136 



15, 51, 89, 121, 173, 217 
35, 71, 103, 139, 201 
136 



Fuel & Lighting 

Personal Expenditure: value & percentage . 

Production: value 

volume 

Retail Price Index 

Retail Trade: value 

See also Coal, Natural Gas, and Petroleum 

Funded Debt — See Public Finance: Debt 



Furniture 

Loans: chartered banks .... 
Personal Expenditure: value & percentage 

Retail Price Index 

Retail Trade: index: cash & credit . 
value: total 



Furs 



Exports: value 
Imports: value 



26 
26 
M 
29 



207, 208 



M 



29 



162 
25 

28, 132,216 
30, 198 



162 

44 
30, 198 



16, 52, 90, 122, 174, 218 
35, 71, 103, 139, 201 



G 

Gold 

Financial Statistics: mining companies 81, 164, 183, 191 

Non-Monetary: exports: value M, 16, 52, 63, 64, 90. 

122, 174, 218 

Official Holdings of Government of Canada 43,97,146,211 

Production: value 26 .... 25 

volume M, 26, 62, 114, 160 

Sources & Disposition 62,114,160 



INDEX 1950 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Government Bonds 

Amount Outstanding: by currency of payment and issuing body . . 8 

Holdings: Bank of Canada M 

Bank of Canada & Chartered Banks M 

Chartered Banks M .... 19, 37, 109, 177, 203 

General Public: resident & non-resident 159 

total 76,78,94,112.126, 74 

144, 158, 159, 180, 206 

New Issues 7, 61, 115, 161 

Prices: domestic: Canada M 

U.K M 

U.S.A M 

Retirements 7, 61, 115, 161 

Yields: domestic: Canada M, 43, 97, 146, 211 5, 6, 23, 24, 41 , 42, 59, 

60,79,80,95,96, 113 
127, 128, 181, 182, 210 

U.K M, 43, 97, 146, 211 6, 24, 42, 60, 80, 96, 

113, 127, 182, 210 

U.S.A M, 43, 97, 146, 211 6,24,42,60,80,96, 

113, 127, 182, 210 

foreign: Canada 43,97,146,211 

See also Public Finance: Debt 

Government Finance— See Public Finance 

Grain & Products 

Exports: value 15, 51, 89, 121, 173, 217 

Financial Statistics 81, 164, 183 

Imports: value 35, 71, 103, 139, 201 

Loans: chartered banks 207, 208 

Revenue Freight Loaded: volume 107 

See also Wheat 

Grains 

Acreage & Production: by province & type 32, 118, 135 

See also Wheat 

Grocery & Combination Store Sales 29 .... 198 

Gross National Expenditure 67, 169 

Gross National Product 67, 169 

H 

Health & Hospital Care — See Public Finance: Public Welfare 

Hides & Leather 

Financial Statistics 81, 164, 183 

Imports: value 35, 71, 103, 139, 201 

Housing — See Construction and Public Finance: Housing 

I 

Imports— See External Trade 

Income— See Corporate Profits, Farm Income, Interest & Dividends, 
Personal Income, and Salaries & Wages 

Industrial Development Bank 

Capital Stock held by Bank of Canada M 

Industrial Production Index 9, 98 116, 129 

Interest & Dividends 63, 64, 67, 68, 81, . 68, 82 

163-170, 184-197 



INDEX 1950 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 



Internal Trade 

Commercial Failures 
Employment: index . 

numbers 
Financial Statistics . 
Loans: chartered banks 
Payrolls 
See also Retail Trade and W 



Tables 

66 ... . 

101 

102 

81, 164, 183, 195, 196 

207, 208 

102 



Charts 



66 



HOLESALE TRADE 



Inventories 

Business: value: Canada 67, 169 

U.S.A 



Iron Ore 

Imports: value 35, 71, 103, 139, 201 



Production : value . 
volume . 

ron & Steel 

Employment: index . 

Exports: value 

volume . 
Financial Statistics . . . . 
Imports: value 

volume . 
Loans: chartered banks 
Production: index . 
volume . 
Supply & Shipments . . . . 
U.S. Direct Investment in Canada 
See also Steel 



26 
26 



54, 108, 154, 220 



25 



101 

15, 51, 89, 121, 173, 217 

212 

81, 164, 183, 188 
35, 71, 103, 139, 201 



207, 208 
9, 98 



212 



212 
212 



136 



Labour Force 

Employment & Unemployment: Canada 116, 129 

U.S.A 54, 108, 154, 220 

See also Employment 



Labour Income 

See also Salaries & Wages 

Lead 

Exports: value 

Production: value 

volume 

Leather — See Hides & Leather 

Liquid Assets (General Public Holdings) 

Currency, Bank Deposits and Government of Canada Securities 



Resident & Non-Resident Holdings 

Livestock 

Average Prices 

Cash Income 

Marketings: by region 

Revenue Freight Loaded: volume 107 

See also Cattle & Meats 



12, 67, 169 



15, 51, 89, 121, 173, 217 
26 .... 25 
26 



75-78, 93, 94, 


111, 


112, 125, 126 


143, 


144, 157-159, 


179, 


180, 205, 206 




159 




133 




50, 147 . 




133 





74 



50 



Loans & Investments 

Bank of Canada & Chartered Banks .... 
See also Bank of Canada and Chartered Banks 

Private 

See also Public Finance 



M 

67, 169 



INDEX 195C 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Logging — See Forest Products 



M 

Machinery 

Employment: index 

Exports: value 

Financial Statistics 

Imports: value 

Manufactures 

Commercial Failures 

Earnings: average hourly & weekly 

Employment: index 

numbers 

Hours Worked 

Inventories: value: U.S.A 

Loans: chartered banks 

Payrolls 

Production: index: durable & non-durable: Canada . 

U.S.A. . 

Revenue Freight Loaded: volume 

Salaries & Wages: value 

U.S. Direct Investment in Canada 

Wholesale Price Index: Canada 

U.S.A 

See also individual commodities or groups and Business Activity 

Metals 

Production: value 

volume 

Revenue Freight Loaded: volume 

See also individual metals and Non-Ferrous Metals 

Minerals 

Employment: index . 

numbers 
Loans: chartered banks 
Payrolls 
Production: index 

value 

volume . 
U.S. Direct Investment in Canada 
See also individual minerals and Metals and Non-Metallic Minerals 

Money — See Bank of Canada, Chartered Banks and Note Circulation 

Money Supply 

Motor Vehicles 

Exports: value 

Imports: value 

Personal Expenditure: value & percentage 

Retail Trade: index: cash & credit 
value: total 
Municipal Finance — See Public Finance: Municipalities 
Mutual Aid 



101 

15, 51, 89, 121, 173, 217 
81, 164, 183, 189, 190 
35, 71, 103, 139, 201 



66 . 
31, 130 . 
101 
102 
31, 130 



207, 208 
102 
9, 98 



107 

12 

136 

M 

M 



66 
31, 130 



54, 108, 154, 220 



54, 108, 154, 220 
107 



26 
26 
107 



27, 215 
27, 215 



25 
107 



101 
102 

207, 208 
102 
9,98 
26 . 
26 
136 



M 



25 



73,74, 110 



15, 51, 89, 121, 173, 217 
35, 71, 103, 139, 201 

162 

44 

29 . . . 30, 198 

45, 67, 1(59 



N 

National Debt — See Public Finance 

National Income — See Corporate Profits, Farm Income, Gross National 
Product, and Salaries & Wages 

Natural Gas 

Financial Statistics 81, 164, 183 

Production: value & volume 26 



INDEX 1950 10 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

New Issues — See Bond Issues 

Newsprint 

Canada: exports: value 16,52,90,122,174,218 

volume 10 

production: volume M, 10, 84 . . 84 

North America: supply, consumption & stocks 10, 84 . . . 84 

Nickel 

Exports: value 15, 51, 89, 121, 173, 217 

Production: value 26 .... 25 

volume M, 26 

Non-Ferrous Metals 

Exports: value 16, 52, 90, 122, 174, 218 

Financial Statistics 81, 164, 183, 192 

Imports: value 36, 72, 104, 140, 202 

U.S. Direct Investment in Canada 136 

Non-Metallic Minerals 

Exports: value 16, 52, 90, 122, 174, 218 

Financial Statistics 81, 164, 183 

■ Imports: value 36, 72, 104, 140, 202 

Production: value 26 .... 25 

volume 26 

Revenue Freight Loaded: volume 107 .... 107 

U.S. Direct Investment in Canada 136 

See also individual minerals 
Note Circulation 

Bank of Canada M 

Bank of Canada Active & Chartered Banks M . . . . 92, 124, 156, 204 

o 

Old Age Pensions — See Public Finance: Public Welfare 

P 

Paper, Wood Pulp & Pulpwood 

Exports: value 16,52,90,122,174,218 

Financial Statistics 81, 164, 183, 187 

Imports: value 36, 72, 104, 140, 202 

Revenue Freight Loaded: volume 107 .... 107 

U.S. Direct Investment in Canada 136 

See also Newsprint 
Payrolls — See Salaries & Wages 
Personal Consumption Expenditure 

Canada: by commodities: value & percentage of total 162 

total 67, 68, 169, 170 . 68, 170 

U.S.A.: value 54, 108, 154, 220 

Personal Income 

Canada: value: provincial distribution 171 .... 171 

total 68, 170, 171 . . 68, 170 

U.S.A.: value 54,108,154,220 

Petroleum 

Financial Statistics 81, 164, 183, 193 

Imports: value 36, 72, 104, 140, 202 

Loans: chartered banks 207,208 

Production: value 26 .... 25 

volume 26 

Revenue Freight Loaded: volume 107 

Power — See Electric Power 
Precious Metals 

Exports: value 16, 52, 90, 122, 174, 218 

Production: value & volume .26 

See also Gold 



I, 112, 126^ 



11 INDEX 1950 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Prices — See individual commodities or groups or Cost of Living, Farm 

Products, Retail Price Indexes, and Wholesale Price Indexes 
Printing & Publishing 

Financial Statistics 81, 164, 183 

Production — See individual commodities or groups or Business Activity, 
Electric Power, Manufactures, and Minerals 

Profits — See Corporate Profits 

Public Debt — See Public Finance 

Public Finance 

Canadian National Railways — See Canadian National Railways 
Government of Canada 

Agriculture: expenditures 45 

Annuities 45, 46 

Balance at Bank of Canada M 

Bond Issues & Retirements 7, 61, 115, 161 

See also Debt (below) and Government Bonds 

Cash Balances 46 

Cash Requirements 45 

Debt, Funded: direct & gtd.: by currency of payment ... 8 

held by Bank of Canada and Chartered 

Banks M 

held by General Public: resident & 

non-resident 159 

total ... 76, 78, 94, 112, 126, 

144, 158, 159, 180, 206 

direct (net) 46 

Deposit Certificates — see Deposit Certificates 

Expenditures: by items & departments 45 

total 45, 67, 169 

Family Allowance Payments 45 

Housing: expenditures 45 

Interest 45, 46 

Loans & Investments 45 

National Defence 45 

Public Welfare 45 

Retirements — see Bond Issues & Retirements (above) 

Revenue: by items 46 

Sinking Funds 8 

Succession Duties 46 

Taxation: collection: by items 46 

Transfer Payments 45, 68, 170 . . 68 

Transportation: expenditures 45 

Treasury Bills — see Treasury Bills 

Unemployment Insurance 45 

War & Demobilization Expenditure 45 

War Service Gratuities & Reestablishment Credits .... 45 
See also Mutual Aid and U.N.R.R.A. 

Government of Canada cV Provinces 

Subsidies & Grants 45, 151 

Tax Agreements: transfers 45, 151 

Municipalities 

Debt Outstanding: by class of municipality and province . . . 213 

direct & guaranteed : by currency of payment . 8 

Debt Service 214 

Education: expenditures 214 

Expenditures: by items 214 

Loans: chartered banks 207,208 

Public Welfare 214 

Revenue: by items 214 



INDEX 1950 12 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Public Finance — continued 

Sinking Funds 8, 213 

Taxation: collection: by items 214 

Transportation: expenditures 214 

Provinces 

Agriculture: expenditures 152 

Bond Issues & Retirements 7, 61, 115, 161 

Debt Outstanding: direct & gtd: by currency of payment ... 8 

direct & indirect: by provinces & total . . 149, 150 

Debt Service 152 

Education : expenditures 152 

Expenditures: by items 152 

Loans: chartered banks 207, 208 

Public Welfare 152 

Retirements — see Bond Issues & Retirements (above) 

Revenue: by items 151 

. Sinking Funds 8, 149 

Succession Duties 151 

Taxation: collection: by items 151 

Transportation: expenditures 152 

Provinces 6" Municipalities 

Subsidies 152 

Pulpwood — See Paper, Wood Pulp & Pulpwood 

R 

Railways (Steam) 

Car Loadings: volume M 

Earnings: rail line & other 14 

Employees: numbers 14 

Expenses 14 

Revenue Freight Loaded: volume: by products 107 .... 107 

Salaries & Wages 14 

Traffic: freight & passenger 14 

Raw Materials 

Wholesale Price Index: Canada M . . . . 27, 215 

U.S.A M .... 27, 215 

Relief 

Government of Canada 45, 63, 64, 67, 169 

Municipalities 214 

Provinces 152 

Rent 

Index M .... 28, 132, 216 

Personal Expenditure: value & percentage 162 

Retail Price Indexes 

Canada M . . . . 28, 30, 100, 1 16, 129, 

132, 198, 216 

U.S.A 54, 108, 154, 220 

See also individual commodities or groups 

Retail Trade 

Consumer Credit: index: by type of store & total 44 

Financial Statistics 81, 164, 183, 196 

Inventories: value: U.S.A 54, 108, 154, 220 

Merchandise: value: by province 30 .... 30 

by type 29 .... 30, 198 

total 29, 30 30, 116, 129,198 

See also Department Store Sales 



13 



INDEX 1950 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 



Tables 



Charts 



Rubber & Products 
Exports: value . 
Financial Statistics . 
Imports: value . 
Loans: chartered banks 



16, 52, 90, 122, 174, 218 
81, 164, 183 
35, 71, 103, 139, 201 
207, 208 



Salaries & Wages 

Earnings: average hourly & weekly: manufacturing 31, 130 



total personal 

Payrolls: index 

value: by industry 

Total Salaries & Wages: by industry 

Savings (Personal) 

Securities — See Bank of Canada, Bond Issues, Chartered Banks, 
Government Bonds, Loans & Investments, and Public Finance 

Security Prices— See Government Bonds 

Services 

Commercial Failures 

Employment: numbers 

Financial Statistics 

Payrolls 

Ships & Vessels 

Exports: value 

Silver 

Production : value 

volume 



68, 170 
M . 
102 
12 

68, 170 



31, 101, 130 
101 

68, 170 



66 



102 

81, 164, 183, 195, 196 

102 

16, 52, 90, 122, 174, 218 



26 
26 



25 



Steel 

Production: volume: ingots & castings 212 

total M 



Taxation 

Collection 



by items: Government of Canada 46 . 

Municipalities 214 

Provinces 151 

Direct: personal 68, 170 

Indirect: less subsidies 67, 169 

See also Corporate Finance 



Telephones 

Financial Statistics 



Textiles 

Employment: index . 

Exports: value . 

Financial Statistics . 

Imports: value . 

Loans: chartered banks 

U.S. Direct Investment in Canada 

Timber — See Forest Products 

Tobacco 

Financial Statistics 

Loans: chartered banks .... 
Personal Expenditure: value & percentage 
Retail Trade: value 



Trade — See External Trade, Internal Trade, Retail Trade, and 
Wholesale Trade 



47 



68, 170 



81, 164, 183 

101 

15, 51, 89, 121, 173, 217 

81, 164, 183, 186 

36, 72, 104, 140, 202 

207, 208 

136 



81, 164, 183 
207, 208 



29 



162 
30, 198 



NDEX 1950 



14 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 



Tables 



Charts 



Transportation 




Employment: index 


101 


numbers 


102 


Financial Statistics 


81, 164, 183 


Loans: chartered banks 


207,208 


Payrolls 


102 


Production: index 


9,98 


See also Railways (Steam) 





Treasury Bills 

Government of Canada: amount outstanding: Bank of Canada and 

Chartered Banks . . 7, 61, 115, 161 

net total .... 46 

net new issues or retirements .... 7, 61, 115, 161 

Provincial Governments: amount outstanding 149, 150 

Tender Rate: Canada, U.K., U.S. A M 



u 

Unemployment — See Labour Force 

Unemployment Insurance 
Government Expenditure 



U.N.R.R.A. 

Canadian Contribution 



45 



46, 63, 64 



Vehicles & Parts — See Machinery and Motor Vehicles 

w 

Wages — See Salaries & Wages 

Wheat 

Acreage & Production: by province & total 32, 118, 135 

Statistical Position: supplies & distribution 136 



Wheat & Flour 

Exports: value . 
volume 



15, 51, 89, 121, 173, 217 
136 



Wholesale Price Indexes 
Canada 

U.K 

U.S.A 



See also individual commodities or groups 

Wholesale Trade 

Financial Statistics 

Inventories: value: U.S.A. 



M 
M 

M 



81, 164, 183, 195 



27, 99, 116, 129, 21 5 

27, 54, 108, 131, 154, 
215, 220 



54, 108, 154, 220 



Wood Products — See Forest Products 

Wood Pulp— See Paper, Wood Pulp & Pulpwood 



Zinc 



Exports: value 

Production: value 26 

volume 26 



16, 52, 90, 122, 174, 218 
25 



TATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 



I Bank of Canada : 

Liabilities and Assets 1-2 

Chartered Banks : Current Loans to the Public in Canada . . 1 

Chartered Banks: Ratio of Cash in Canada to Canadian Deposits . 2 

II Chartered Banks: 

Liabilities and Assets 3-4 

III Money Supply and Related Bank Assets 3-4 

IV Security Prices: 

Government Securities Payable in Canada only 5 

Yields of Government of Canada Bonds, Payable in Canada only . 5 

Government Securities, Canada, U.K. and U.S. A 6 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 6 

V Bond Issues and Retirements 7-8 

VI Bonds Outstanding 8 

VII Business Activity 9 

VIII Industrial Production 9 

IX Newsprint: North America 10 

Canadian Exports of Newsprint 10 

X Construction Contracts Awarded 11 

Construction Contracts Awarded 11 

XI Canadian Labour Income 12 

XII Wholesale Prices 13 

XIII Cost of Living 13 

XIV Steam Railways 14 

XV Merchandise Exports: Commodity Classification 15-16 

XVI Exports and Imports by Countries 17 

Canadian Exports by Countries 18 

Canadian Imports by Countries 18 

TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 

Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 

JANUARY 1950 



















JANUARY 1950 | 


Millions of Dollars 


















[-rWJH 










LIABILITIES 










Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits 1 1) 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Toi 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liabi] 
Asa 


Average of 




















Month-end Figures 




















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


29 1 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


37 ] 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


44 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,48 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,84 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,89 


1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,91 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,97 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 . 


2,10 


End of 

1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


_ 


1,047.0 


42.5 


2,04 


Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,03 


Mar. 


165.8 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,05 


Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1,103.0 


26.9 


2,14 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2,09 


June 


154.9 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,13 


July 


172.8 


566.9 


739.7 


94.3 


73.8 


57.9 


1,098.2 


32.7 


2,09 


Aug. 


198.7 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2,11 


Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2,21 


Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2,19 


Nov. 


201.6 


544.7 


746.3 


27.2 


84.1 


71.6 


1,081.4 


45.1 


2,05 


Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2,12 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. *May 19- m 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the F fi 



CHARTERED BANKS 

MILLIONS OF DOLLARS 

2300 



2100 



CURRENT LOANS TO THE PUBLIC IN CANADA 

MILLIONS Of" DOLLARS 

2300 




DEC JAN FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV D£c 



ANUARY 1950 














CANADA 












Millions of Dollars 


ASSETS 




d 


Silver 


Foreign"* 
Currencies 


Securities 


Advances 


All 
Other 

Accounts 




Govt, of Canada 
and Provincial 


Ind. Dev. 
^ Bank 
Cap. Stock 


Other 
Securities 


Total 




Under 2 yrs. 


Over 2 yrs. 




\2 


1.4 


7.6 


27.4 


95.6 






123.0 


3.4 


3.9 


Average of 
Month-end Figures 

1935-10 Mths. 


.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 




_ 


• 
44.1 


831.1 


573.6 


2.5 


_ 


1,407.1 


.4 


29.3 


1944 




- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 




- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 




- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 




- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 




— 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


— 


33.4 


1949 

End of 




- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan.— 1949 




- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 




- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 




- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 




- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 




- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 




- 


52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


- 


15.0 


July 




- 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug. 




- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept. 




- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


- 


49.7 


Oct. 




- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov. 




— 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


— 


12.0 


Dec. 



>nt figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
;e Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS : RATIO OF CASH IN CANADA TO CANADIAN DEPOSITS 

PERCENT PERCENT 
























JANUARY 1950 






















II— CHARfcj) 


Millions of Dollars 


















Ban-in 


i 




LIABILITIES 








Notes 


Deposits 


Cash 
in (3> 


Securities 










Govt, of 


Canadian 




Total 


Govt, of 


Canada 


Foreign 
Govt. 










Demand 


Notice 


Canada 
and Prov. 


Deposits 


Foreign 


Deposits 

(2) 


Canada 


and Provincial 


otih 


r 




Under2yrs. 


Over 2 yrs. 


— -J- 




Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 




1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 




1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


2:11 




1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


4:4 


» 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


5-4 


, 


1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


5(|l 




1949-Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 


5<4 




Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 


o,4. 


Mar. 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 


5(4 




Apr.* 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 


5(4 




May 


15 


2,284 


4,339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 


5(4 




June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 


5(4 




July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 


5; 4 




Aug. 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


bl 4 




Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


5." 4 




Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


818 


997 


2,530 


247 


5; 4 


, 


Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 


5. 4 




Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 







*As from April 1, 1949, statistics of Newfoundland Branches of Chartered Banks are included as Canada. (1) Estimated month-end deposits payable ii 
after that date; Bank of Canada Notes and Deposits. (4) Figures given arc annual averages of estimated month-end Canadian deposits in 1926-35 and m, 
1944, an approximate figure only. 





















Ill- 


MONEY SUPPLY AH 


Millions of Dollars 








MONEY SUPPLY 








Bar -a 




Currency 
Outside Banks 


Bank Deposits 


Monej 








Chartered Banks 




Bank of 






















Canada 
"Other" 
Deposits 


Total 


Supplj 




Notes"' 


Coin"' 


Total 


Demand"' 


Active 
Notice"' 


Other"' 
excl. Govt, 
of Canada 


Total 


Deduct 
Floats 


Net 
Total 


As at Dec. 31 






















1938 


207 


31 


238 


734 


187 


42 


963 


116 


847 


3 


850 


1,088 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1,184 


1,563 


1945 


992 


63 


1,055 


2,063 


474 


172 


2,709 


280 


2,429 


30 


2,459 


3,514 


1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,996 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,944 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,335 


1949 

End of 

1949-Jan. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,422 


1,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,94 4 


s7 


3,031 


4,162 


Feb. 


1,070 


69 


1,139 


2,289 


640 


260 


3,189 


317 


2. NT 2 




2,952 


4,091 


Mar. 


1,095 


69 


1,164 


2,2S 1 


659 


2S7 


3,227 


335 


2,892 


85 


2,977 


4,141 


Apr.* 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4,252 


May 


1,085 


70 


1,155 


2,284 


671 


315 


.".,270 


335 


2,1)35 


ii,". 


3,000 


4,155 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2, '.il 2 


71 


2,986 


4,187 


July 


1,113 


71 


1,184 


2,188 


671 


201 


3,150 


235 


2,915 


71 


2,989 


4,173 


Aug. 


1,085 


70 


1,155 


2,315 


(575 


289 


3,279 


308 


2,971 


(12 


3,033 


4,188 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


.'.,190 


396 


3,094 


c; 


3,158 


4,369 


Oct. 


1,114 


73 


1,187 


2,519 


('.S3 


325 


3,527 


414 


3,113 


77 


3,190 


4,377 


Nov. 


1,095 


73 


1,168 


2,485 


683 


312 


3,480 


356 


3,124 


SI 


3,208 


4,376 


Dec. 


1,110 


74 


1,184 


2,42(5 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4.422 


* Sec note (*) above 










(5 


Chartered 


Canadian dollar ( 




provincial { 


overnmen 


(1) Note Circulation of Bar 


k of Cana 


da and char 


tered banks. 


excluding 




Canadian. 


United Kingdom, and fi. 


teign bank 


s. 




notes held by chartered 


)anks. 








(6 


Cheques 


n banks as shown in chl 


irtcred bar 


k month-en 


d returns 


(2) Subsidiary coin issued b 


y the Min 


less coin he 


Id by Bank 


of Canada 




the Minis' 


er of Finance. 








and chartered banks in ( 


Canada 








(7J 


Bank of ( 


Canada Other Deposits . 


is shown c 


n published 


month-ei 


(3) Chartered banks' public 


demand d 


;posits in Ca 


nada. 






statement 


i — i.e. excluding Govern 


ment of C 


anada. char 


tered ban 


(4) Chartered banks' public 


loticedepo 


sits in Canac 


a other than 


estimated 




and foreig 
Hank of C 


a deposits. 








aggregate quarterly mir 


imum bah 


mces in per 


sonal saving 


3 accounts 


(«: 


mada gold and foi 


change hoi 


dinv;« le>s til 


: amount 


and non-personal notice 


deposits. 










foreign cu 


rency deposit liabilities. 









ANUARY 1950 

t BANKS 



- j 



r.SETS 



Millions of Dollars 



.1 



18 

:o 
:ro 

i 

12 
15 
57 
12 
>6 

;o 

>7 
J3 
57 
)5 
15 



Loans 



CANADA 



Call 



267 
117 
107 

104 
81 

97 

90 

108 

81 

90 

74 

72 

77 

78 

103 

137 

119 

133 



Current 
Public 



1,343 

1,032 

732 

1,693 
1,923 

2,112 

2,054 
2,033 
2,026 
2,093 
2,085 
2,085 
2,082 
2,060 
2,184 
2,213 
2,250 
2,174 



Current 
Other 



112 
165 
117 

54 

75 

105 

77 
86 
103 
106 
117 
110 
105 
114 
120 
124 
106 
97 



ABROAD 



Call 



301 
84 
68 

76 

74 
83 

73 
79 
79 
85 
78 
94 
90 
84 
97 
77 
91 
70 



Current 



248 
172 
165 

198 
234 

220 

244 
247 
239 
213 
215 
215 
212 
205 
214 
214 
212 
211 



Total 
Assets 



3,528 
2,869 
3,317 

7,811 
8,140 
8,658 

8,458 
8,466 
8,426 
8,452 
8,604 
8,668 
8,570 
8,734 
8,979 
8,943 
8,873 
8,718 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in o) 
Canada 


Deposits 


Canadian 


Note (5) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


707 


6,859 


10.3 


1,075 


Mar. 


706 


7,064 


10.0 


1,094 


Apr.* 


765 


7,090 


10.8 


1,083 


May 


769 


7,138 


10.8 


1,084 


June 


755 


7,255 


10.4 


1,088 


July 


762 


7,256 


10.5 


1,081 


Aug. 


771 


7,312 


10.5 


1,100 


Sept. 


772 


7,442 


10.4 


1,111 


Oct. 


752 


7,443 


10.1 


1,099 


Nov. 


729 


7,344 


9.9 


1,109 


Dec. 



y. (2) Includes inter-bank deposits. 
Canadian deposits in 1936 and after. (5) 



tATED BANK ASSETS 



(3) Until March 1935; Gold and Coin in Canada. Dominion Notes and "Free" Central Gold Reserve Deposits; 
Bank of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 



RELATED BANK OF CANADA AND CHARTERED BANKS ASSETS 



Millions of Dollars 





Government of Canada Securities, Gold and 


Exchange 


All other 
Loans 
and 
Invest- 
ments 


Deduct 
Inactive 

Notice 
Deposits 

(U) 


Total 




Bank of< 8 > 


Banking*" 
Securities 


Other Govt. Securities 


Total 


Deduct 

Govt. 

Deposits 


Net 
Total 


Related 


j i_anada 
I Gold and 


Bonds" 1 " 


Victory"" 
Loan 


Total 


Hank 
Assets 




txcnange 






Advances 




— 


(12) 




(13) 






s at Dec. 31 1 


















1938 214 


196 


753 


- 


753 


1,163 


79 


1,084 


1,628 


1,472 


1,240 


1940 38 


743 


737 


- 


737 


1,518 


32 


1,486 


1,720 


1,438 


1,768 


1945 


1,696 


3,241 


411 


3,652 


5,348 


1,002 


4,346 


1,827 


2,391 


3,782 


1946 


1,476 


3,745 


- 


3,745 


5,221 


366 


4,855 


2,297 


2,856 


4,296 


1947 


811 


3,718 


- 


3,718 


4,529 


272 


4,257 


3,084 


3,143 


4,198 


1948 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


1949 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


)49-Jan. 


1,094 


3,919 


- 


3,919 


5,013 


420 


4,593 


3,302 


3,484 


4,411 


Feb. 


- 


1,099 


3,944 


- 


3,944 


5,043 


487 


4,556 


3,286 


3,520 


4,322 


Mar. 


- 


992 


3,998 


- 


3,998 


4,990 


229 


4,761 


3,206 


3,605 


4,362 


Apr.* 


- 


1,041 


4,048 


- 


4,048 


5,089 


292 


4,797 


3,282 


3,667 


4,412 


May 




1,030 


4,091 


- 


4,091 


5,121 


397 


4,724 


3,271 


3,667 


4,328 


June 


- 


1,034 


4,176 


- 


4,176 


5,210 


433 


4,777 


3,265 


3,660 


4,382 


July 


- 


1,027 


4,214 


- 


4,214 


5,241 


494 


4,747 


3,270 


3,669 


4,348 


Aug. 


- 


1,029 


4,281 


- 


4,281 


5,310 


526 


4,784 


3,256 


3,697 


4,343 


Sept. 


- 


942 


4,353 


- 


4,353 


5,295 


493 


4,802 


3,400 


3,730 


4,472 


Oct. 


- 


1,039 


4,106 


- 


4,106 


5,145 


309 


4,836 


3,480 


3,770 


4,546 


Nov. 


- 


1,110 


3,982 


- 


3,982 


5,092 


270 


4,822 


3,490 


3,764 


4,548 


Dec. 


— 


1,119 


4,002 


— 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 



Bank of Canada and Chartered bank holdings of Government of Canada 
Treasury Bills, Deposit Certificates, Treasury notes and any other 
short term issues sold direct to Bank of Canada and chartered banks. 

i) Bank of Canada and chartered bank holdings of Government of Canada 
direct and guaranteed securities other than those shown as banking 
issues and exclusive of any temporary advances in connection with 
purchase of Victory Loan issues. 

I) Chartered banks' temporary advances to the public in connection 
with the purchase of Victory Loan bonds at time of issue. 



(12) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered banks' 
holdings of provincial, municipal and "other" securities, and Bank of 
Canada holdings of Industrial Development Bank capital stock. 

(14) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits 
in Canada. 



JANUARY 1950 



" 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Jan. 


99.70 


3.01 


2.91 


2.65 


2.27 


1.68 


Feb. 


99.85 


3.00 


2.90 


2.65 


2.26 


1.63 


Mar. 


99.88 


3.00 


2.88 


2.65 


2.27 


1.68 


Apr. 


99.88 


3.00 


2.88 


2.65 


2.28 


1.68 


May 


100.14 


2.99 


2.88 


2.67 


2.28 


1.68 


June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 




(t) Prior to 1940 (lRures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month, 1938-39 figures are for average of 

month. (3) Jan. 15. 



JANUARY 1950 



IV— SECURITY PRICES 

Bank of Canada 











Government Bonds 






3 Mon 


th Treasury Bills 






A 


verage of E 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada (l) 


U. 


K.«> 


U.S.A.") 
























Canada 


U.K. 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 






Annual Average 






















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.36 5 


.895 


.375 




1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 




1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 




1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 




1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 




194S— Oct. 


100.41 


2.96 


102.90 


2.68 


101.03 


2.42 


.412 


.509 


1.118 




Nov. 


100.65 


2.94 


103.27 


2.64 


101.15 


2.41 


.413 


.504 


1.138 




Dec. 


100.75 


2.93 


103.42 


2.62 


101.34 


2.39 


.412 


.518 


1.153 




1949— Jan. 


100.72 


2.93 


103.55 


2.60 


101.60 


2.37 


All 


.519 


1.160 




Feb. 


100.77 


2.93 


103.58 


2.60 


101.92 


2.35 


.415 


.524 


1.163 




Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 




Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 




May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 




June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 




July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 




Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 




Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 




Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 




Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 




Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 




1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. IS, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treasury 2^% due Dec. 15. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. U.K. & U.S.A. 

Daily Opentng Quotations 




'AN FEB MAR. APR. 

* Security is not eligible for commercial banks before Dec. 1, 1952 



JANUARY 1950 



V— BOND ISSUES AND RETIREMENTS 



id 



Par Values in 


Millions of Canadian Dollars * 




Bank of Canada 












I-Govt. of Canada Direct 
& Guaranteed and Other G.N.R.t 




II-Provincial Direct and Guaranteed 




New Issues 


Retirements 


Net New 

Issues or 

Retirements 


New Issues 


Retirements 


Net New 
Issues or 




New 


Refunding 


Refunded 


Other 


Retirements 


Calendar Years 

1940 


601.4 


301.9 


299.5 


79.5 


89.6 


81.4 


28.1 


59.6 


1941 


934.5 


397.6 


536.9 




30.4 


51.5 


66.5 


34.0 


18.6 


1942 


2,072.7 


534.4 


1,538.3 




13.8 


129.6 


133.0 


45.2 


34.9 


1943 


3,047.8 


590.2 


2,457.6 




47.3 


101.1 


106.3 


60.5 


18.4 


1944 


3,122.1 


497.5 


2,624.5 




12.4 


89.0 


86.6 


81.6 


66.7 


1945 


3,636.5 


132.7 


3,503.9 




40.8 


137.3 


137.4 


69.3 


28.6 


1946 


913.5 


866.1 


47.4 




59.6 


73.4 


68.7 


82.5 


18.2 


1947 


371.4 


641.5 


270.1 




150.1 (2K3) 


125.2 


125.2 


84.9 


65.2" K3> 


1948 


1,424.8 


1,634.8 


210.0 




235.2 


104.3 


85.0 


55.5 


198.9 


1949 


818.5 


1,236.7 


418.2 




394.9 


53.8 


73.5 


36.3 


338.8 


Last Half 

1946 


896.8 


457.1 


439.7 




29.6 


42.3 


50.3 


43.1 


21.4* 


1947 


283.4 


178.7 


104.6 




46.0 (3) 


53.1 


73.8 


50.4 


25. 1 (3) 


1948 


914.6 


932.9 


18.3 




159.6 


52.4 


64.8 


30.7 


116.4 


1949 


766.3 


1,085.7 


319.4 




265.9 


42.8 


41.3 


16.3 


251.1 


Last Quarter 

1946 


890.4 


446.6 


443.8 




12.2 


12.5 


11.0 


17.4 


3.7 


1947 


273.0 


145.9 


127.1 




38.4 <3) 


50.8 


33.2 


24.0 


32.1°' 


1948 


761.5 


749.1 


12.4 




109.6 


47.9 


36.2 


25.8 


95.5 


1949 


592.6 


1,039.9 


447.3 




138.1 


— 


29.8 


6.1 


102.2 








III-GORPORATIONS 




New Issues 


Retirements 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 

1940 


36.8 


18.3 


17.7 


94.6 


57.2 


1941 


17.5 


3.8 


3.8 


81.4 


63.9 


1942 


7.9 


39.1 


41.8 


80.2 


75.0 


1943 


22.7 


38.9 


38.9 


84.3 


61.7 


1944 


51.1 


95.5 


95.5 


89.4 


38.3 


1945 


79.1 


107.3 


110.2 


76.2 


— 


1946 


125.3 


460.8 


460.1 


124.8 


1.2 


1947 


267.2 


203.1 


197.3 


152.2 


120.7 


1948 


260.1 


20.1 


25.8 


55.4 


205.0 


1949 


231.7 


41.8 


41.8 


74.1 


157.6 


Last Half 

1946 


47.6 


182.6 


211.6 


51.5 


33.0 


1947 


165.3 


24.3 


23.0 


92.2 


74.4 


1948 


122.3 


7.1 


10.1 


25.0 


94.4 


1949 


113.2 


31.0 


31.0 


39.4 


73.8 


Last Quarter 

1946 


17.9 


41.9 


98.6 


21.0 


59.8 


1947 


125.5 


15.4 


6.3 


14.7 


119.9 


1948 


67.0 


5.5 


3.5 


9.7 


59.2 


1949 


50.4 


31.0 


31.0 


16.1 


34.2 



I+II+III 



Net New 

Issues or 

Retirements 



301.9 

454.4 

1,428.4 

2,377.6 

2,519.5 

3,475.2 
30.4 

84.1 

193.9 

78.2 

385.3 

153.9 

192.5 

5.5 

380.2 
279.0 
167.1 

310.9 



IV-Govt. of Canada Treasury Bills, 


Deposit Certificates and Short. 


Term Notes Sold Directly to Bank 


of Canada and Chartered Banks 


Net New- 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


315 


785 


290 


1,075 


633 


1,708 


535 


2,243 


248 


2,491 


695 


1,796 


250 


1,546 


346 


1 .200 


100 


1,300 


100 


1,200 


250 


l ,546 


280 


1 .200 


- 


1,300 


100 


1.200 


295 


1,546 


120 


1 .200 


- 


1 .300 


~ 


1 .200 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS, 1939, but thereafter conversion is made on the basis of the official rates 
of the Foreign Exchange Control Board. t Does not include refundable tax changes which were (in millions of dollars) 70, 155, 219, 70, 27. 85 and 287 from 
1943 to 1949 respectively. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Govt, of Canada Tre 
Bills, Deposit Certificates and short-term notes sold directly to Bank of Canada and the chartered banks are not included in Heading I but are shown sep. 
in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, the net re- 
duction of total municipal bonded debt has been (in millions of dollars) approximately 30, 46, 61, 53, 27, 43 and 5 in the years 1940 to l'>46 respectively. 
Before the transfer to the Quebec Municipal Commission of certain school debt, the estimated net increases from 1947 to 1949 were 31. 71 and i 
giving effect to the issue of $112.2 million of Quebec Hydro debentures in connection with retirement of Montreal Light Heat 8 I k. (3) Before giving 

effect to the issue of $63.2 million of Quebec Municipal Commission bonds re transfer of the debt of certain school corporations 

Footnotes to table on opposite page, BONDS OUTSTANDING 
( 1) Provincial Treasury Bills are excluded. (2) Figures for the gross amount of bonds outstanding are compiled from latest official sources adjusted to 3 1 December 
1949, by subsequent known issues and redemptions; when full details regarding these become available minor revisions may be necessary. (3) Including issues payable 
in Canada or London. (4) Figures for guaranteed issues are approximate in some cases for which full particulars arc not available. (5) Tom prises unmatured funded 
debt. Redemption bonuses on the First War Loan and the First, Second and Third Victory Loans, Treasury Kills. Deposit Certificates, V. 

and Non-Interest Bearing Certificates are included; the estimated amount of the refundable portion of excess profits tax is also included. (6) C.N.R. issues guar- 
anteed by the provinces, being included under the C.N.R. heading, are excluded from provincial headings. 



JANUARY 1950 
























8 






SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 1 ' 










GOVT. OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 






Par Values in 


Millions ( 


,/ Canadian Dollars* AND CORPORATION BONDS 












NEW ISSUES were payable In: 


Retirements 


were payable in: 


Net Increase or 
Net Decrease 




















In Bonds C 
ing Pa; 


lutstami- 


Canada 
only 


New York 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


Canada, 
New York 
& London 


London 


Total 


•able: 


In Canada 
only 


Abroad 


Calendar Years 
























,__,_ 




1940 


820.1 


5.2 


.2 


.1 


825.6 


323.5 


7.1 


19.8 


10.9 


162.4 


523.7 


496.6 


194.7 


1941 


1,023.3 


14.0 


- 


.4 


1,037.7 


326.7 


29.8 


18.0 


21.4 


187.4 


583.3 


696.5 


242.1 


1942 


2,231.9 


30.1 


.6 


.4 


2,263.1 


406.7 


12.6 


49.3 


97.6 


268.6 


834.7 


1,825.2 


396.9 


1943 


3,113.9 


143.3 


.2 


.4 


3,257.8 


526.8 


260.6 


52.3 


21.8 


18.7 


880.2 


2,587.1 


209.5 


1944 


3,269.9 


83.8 


15.1 


1.3 


3,370.2 


635.4 


27.6 


63.5 


100.6 


23.6 


850.7 


2,634.5 


115.1 


1945 


3,873.6 


49.0 


77.9 


.4 


4,000.9 


283.4 


73.2 


52.0 


101.0 


16.1 


525.7 


3,590.2 


115.0 


1941. 


1,456.3 


171.4 


4.8 


.1 


1,632.6 


1,101.9 


317.5 


109.4 


58.1 


15.2 


1,602.2 


354.4 


324.0 


1947 


1,106.0 


5.5 


5.0 


.4 


1,116.9 


938.3 


66.5 


60.6 


104.8 


30.9 


1,201.1 


167.8 


251.9 


1948 


1,760.4 


290.0 


- 


- 


2,050.4 


1 ,667.4 


161.2 


19.0 


5.3 


3.6 


1,856.5 


93.1 


100.9 


1949 


1,440.6 


100.0 


- 


- 


1,540.6 


1,344.4 


8.7 


10.8 


90.5 


8.1 


1,462.4 


96.2 


18.0 


Last Half 
1946 


1,139.7 


54.5 


4.8 


_ 


1,199.0 


638.0 


92.7 


30.4 


46.8 


5.7 


813.7 


501.7 


116.4 


1947 


571.9 


- 


- 


.2 


572.1 342.7 


22.2 


22.5 


14.8 


15.9 


418.1 


229.2 


75.3 


1948 


1,106.0 


150.0 


- 


- 


1,256.0 


901.1 


151.3 


7.0 


1.8 


2.3 


1,063.5 


204.9 


12.4 


1949. 


1,119.3 


100.0 


- 


- 


1,219.3 


1,113.3 


4.0 


6.0 


86.3 


4.0 


1,213.7 


5.9 


.4 


Last Quarter 

1946 


974.9 


_ 


_ 


— 


974.9 


520.1 


9.5 


19.3 


44.0 


1.7 


594.7 


454.8 


74.6 


1947 


503.0 


- 


- 


.1 


503.1 


209.2 


7.5 


3.8 


1.6 


1.9 


224.0 


293.7 


14.7 


1948 


991.4 


- 


- 


- 


991.4 


813.1 


2.6 


5.1 


1.6 


1.9 


824.3 


178.3 


11.2 


1949 


812.2 


- 


- 


— 


812.2 11,032.1 


2.9 


1.1 


86.2 


.7 


1,123.0 


220.0 


90.9 


For footnotes see 


opposite pa 


?e. 

























VI— BONDS OUTSTANDING 

GOVT. OF CANADA, C.N.R., PROVINCIAL, MUNICIPAL AND CORPORATION BONDS (1> 
GROSS AMOUNT OUTSTANDING AS AT 31st DECEMBER, 1949(2) 



Par Values in Millions of Dollars, with £ converted at $4.86% 





Payable in: 




Canada 
only 


New York 
only 


Canada or 
New York 


Canada, 
New York 
or London 


<3> 

London 


Total 


Govt, of Canada— Direct 

—Gtd. other than C.N.R. 
C.N.R. —Gtd. by Govt, of Can. 

— Unguaranteed 

Newfoundland — Direct 

—Gtd 


(5) 

14,727.9 

.7 

245.2 

51.2 
6.0 

13.8 

111.4 

1.1 

124.3 

2.4 

359.7 

271.3 

469.5 

387.0 

47.4 

1.2 

94.4 

.3 

16.6 

114.7 

11.4 

892.6 

1,636.6 


398.0 
7.3 

5.0 

77.2 
276.9 


64.1 
.5 

23.2 

28.7 

59.0 
1.6 

14.9 
4.6 

25.5 

25.5 

69.0 
39.2 
.3 
67.4 
14.0 


9.4 

215.7 

18.8 

15.5 

169.0 
8.0 
3.5 

2.5 

18.3 

4.0 

.9 

28.0 
8.3 


97.8 

12.7 
2.0 
6.3 
4.3 
6.3 

5.3 

5.7 

8.0 

5.0 

4.1 

7.3 

2.4 

45.1 

344.7 


(S) 

15,223.7 

10.1 

537.7 

2.0 

84.1 

10.3 

6.3 

13.8 

134.6 

1.1 

158.3 

2.4 

439.9 

272.9 

653.4 

404.6 

84.4 

1.2 

127.4 

.3 

108.0 

165.2 

15.0 

1,110.3 

2,280.5 


P.E.I. —Direct 

Nova Scotia — Direct 

—Gtd 


New Brunswick — Direct 

—Gtd 


Quebec —Direct 

—Gtd 


Ontario —Direct 

—Gtd 


Manitoba —Direct 

—Gtd 


Saskatchewan — Direct 

—Gtd 


Alberta —Direct 

British Columbia— Direct 

— Gtd.< 6 > 

Municipal —Direct & Gtd. 
Corporation 


c 


Total 


19,586.7 


764.4 


437.5 


501.9 


557.0 


21,847.5 



Contra Sinking Fund 
Investments, (4> 


book value as at latest 
available date 


11.4 


June 30, 1949 


.8 


June 30, 1949 


1.8 


Mar. 31, 1949 


16.8 


Nov. 30, 1948 


25.3 


Oct. 31, 1949 


86.5 


Mar. 31, 1949 


.2 


Mar. 31, 1949 


48.5 


Mar. 31, 1949 


1.5 


Mar. 31, 1949 


23.5 


Mar. 31, 1949 


23.3 


Dec. 31, 1949 


.3 


Mar. 31, 1948 


25.8 


Mar. 31, 1949 


2.6 


Mar. 31, 1949 


149.3 


Various 


— 









For footnotes see opposite page. 



JANUARY 1950 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 








PRODUCTION 


Res- 
idential 

Con- 
struction 


Car 

Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 
(») 


Aggregate 
Payrolls 










News- 


Central 


Index 
(j) 




Gold 


Nickel 


Steel 


Print 
(i) 


Electric 
Stations"' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 


Thousands 


Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


of Dollars 


1941 = 100 


1941 = 100 


Annual Totals (4) 


















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,528 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,066* 


129* 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.4 


Monthly 






















1948— Nov. 


311.3 


12.8 


278.0 


432.1 


3,388 


29.8 


370 


89.7 


133.3 


218.0 


Dec. 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.1 


124.8 


207.6 


Mar. 


342.7 


12.6 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


326.9 


10.6 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


332.4 


11.2 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


June 


343.3 


10.6 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


326.3 


9.6 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.3 


217.0 


Aug. 


359.1 


8.9 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


Sept. 


363.8 


9.5 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


365.7 


10.7 


258.9 


435.7 


3,628 


44.7 


370 


82.9 


132.4 


223.8 


Nov. 


361.3 


9.7 


259.7 


436.8 


3,629 


31.3 


352 


93.0 


132.3 


224.8 


Dec. 






263.9 


414.9 


3,747 


28.5 


301 


114.5 


132.0 


224.4 



( 1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Nov. 1949. 



Index 1935-39 = 100 



VIII— INDUSTRIAL PRODUCTION (1) 

Dominion Bureau of Statistics 





Mining 


Non- Durable Manufactures 


Durable Manufactures 


Total 
Manufac- 
tures 


Electric 
Power 


Total 
Industrial 
Produc- 
tion 




Foods & 
Beverages 


Clothing 


Total 


Iron & 
Steel 


Transpor- 
tation 
Equipment 


Total 


Average of months 

1937 


105.0 


102.0 


103.5 


105.8 


115.7 


121.2 


113.9 


108.8 


105.6 


108.0 


1941 


134.5 


136.3 


144.9 


140.4 


221.3 


298.7 


205.1 


164.2 


127.9 


157.2 


1946 


103.3 


174.6 


130.5 


163.0 


187.3 


215.9 


179.3 


169.0 


159.2 


159.2 


1947 


112.7 


184.3 


134.0 


174.2 


211.9 


240.0 


208.4 


186.8 


172.5 


175.5 


1948 


127.9 


188.9 


139.2 


179.0 


221.2 


236.4 


214.6 


192.1 


170.2 


181.5 


Aver. 12 Mths. cndg. 

Nov. 1949 


133.0 t2) 


188.5 


143.0 


179.7 


221.4 


246.4 


217.3 


193.6 


177.5 


184.1 


Monthly 

1948— Oct. 


130.7 


189.0 


143.7 


181.4 


229.5 


254.7 


223.9 


197.1 


165.1 


185.4 


Nov. 


132.3 


188.9 


145.8 


182.2 


229.4 


258.7 


223.0 


197.2 


156.9 


185.1 


Dec. 


136.3 


184.9 


148.1 


180.2 


230.2 


261.2 


226.3 


197.2 


159.3 


185.8 


1949— Jan. 


131.9 


170.5 


143.9 


173.6 


234.5 


204.2 


213.7 


L88.4 


L63.8 


178.7 


Feb. 


129.5 


164.6 


148.1 


175.3 


235.1 


222.:. 


216.7 


190.6 


163.3 


180.0 


Mar. 


127.4 


179.0 


152.0 


179.6 


237.8 


252.5 


22S.3 


197.:. 


172.6 


185.9 


Apr. 


125.0 


178.2 


151.7 


179.1 


231.4 


266.6 


220.1 


194.2 


194.3 


184.7 


May 


127.0 


190.5 


148.0 


183.5 


225.2 


257.8 


222.6 


L97.9 


196.6 


188.0 


June 


132.1 


193.6 


132.1 


182.7 


224.9 


273.3 


230.7 


200.4 


193.6 


190.4 


July 


133.4 


199.5 


130.9 


175.5 


198.8 


254 .4 


202.9 


185.6 


L83.3 


178.2 


Aug. 


131.0 


200.2 


131.9 


176.3 


202.1 


21N.II 


205.5 


187.1 


1S1.4 


178.9 


Sept. 


144.8 


207.4 


139.1 


185,1 


214.4 


270.6 


217.2 


197.1 


178.3 


188.4 


Oct. 


145.0 


196.1 


145.0 


181.8 


211.0 


258.0 


214.6 


193.9 


173.9 


185.6 


Nov.* 




197.0 


144.8 


183.5 


210.9 


217.9 


209.0 


192.9 


169.0 


184.5 



(1) Physical volume of Production. Seasonally adjusted indexes. (2) Average 12-months ending Oct. 1949. * Preliminary. 



-J 



JANUARY 195( 


) 


















10 






IX— NEWSPRINT 


: NORTH AMERICA 








Thousands of Short Tons 






Newsprint Association of Canada 










1 


SUPPLY 


ESTIMATED CONSUMPTION 


1 STOCKS 


Production 


Imports 

from 
Europe 








en 




Net 










Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


U.S.A. 


Total 


Overseas 


Supply 


Publishers 


Publishers 


Total 


or 




















Decrease 


Calendar Years 






















1935 


3,083 


912 


3,995 


197 


734 


3,459 


3,345 


200 


3,545 


86 


1937 


3,998 


946 


4,944 


294 


771 


4,466 


3,825 


220 


4,045 

* 


421 


1946 


4,506 


771 


5,277 


13 


693 


4,597 


4,296 


248 


4,545 


53 


1947 


4,820 


826 


5,646 


129 


709 


5,065 


4,753 


275 


5,028 


37 


1948 


4,983 


867 


5,850 


267 


542 


5,576 


5,141 


306 


5,447 


129 


1949 


5,176 


900 


6,076 


258 


463 


5,871 


5,529 


335 


5,865 


6 


1948— Oct. 


435.3 


76.4 


511.8 


19.3 


38.9 


492.1 


489.4 


27.4 


516.7 


24.6 


Nov. 


432.1 


75.5 


507.6 


21.6 


56.9 


472.5 


467.0 


25.7 


492.7 


20.3 


Dec. 


420.3 


74.8 


495.1 


32.8 


44.6 


483.3 


466.3 


27.8 


494.1 


10.8 


1949— Jan. 


420.6 


75.6 


496.3 


29.1 


39.8 


485.6 


432.0 


25.6 


457.6 


28.0 


Feb. 


406.9 


68.6 


475.5 


27.4 


30.4 


472.5 


401.0 


26.0 


427.0 


45.5 


Mar. 


455.8 


78.3 


534.1 


33.6 


42.0 


525.6 


476.5 


27.4 


503.9 


21.8 


Apr. 


442.4 


75.5 


517.9 


18.3 


29.6 


506.6 


479.1 


28.9 


508.0 


1.4 


May 


442.7 


80.0 


522.7 


21.7 


53.5 


491.0 


509.4 


29.1 


538.4 


48.8 


June 


437.0 


80.4 


517.5 


17.2 


47.7 


486.9 


454.5 


29.3 


483.8 


4.1 


July 


421.5 


76.2 


497.7 


29.0 


32.4 


494.3 


406.6 


27.5 


434.2 


60.1 


Aug. 


446.8 


78.9 


525.8 


16.6 


41.9 


500.5 


413.0 


27.4 


440.4 


60.1 


Sept. 


415.2 


70.6 


485.8 


18.0 


43.6 


460.2 


463.0 


28.0 


491.0 


30.8 


Oct. 


435.7 


73.4 


509.0 


18.8 


37.4 


490.4 


518.5 


27.7 


546.2 


55.9 


Nov. 


436.8 


72.1 


508.9 


12.9 


43.0 


478.8 


491.7 


28.3 


520.0 


41.1 


Dec. 


414.9 


69.9 


484.7 


15.0 


21.3 


478.4 


483.8 


30.2 


514.0 


35.6 



I) Includes Newfoundland. 



CANADIAN EXPORT OF NEWSPRINT* 



THOUSANDS OF SHORT TONS 

5000 



4000 



THOUSANDS OF SHORT TONS 

5000 



4000 



3000 



2000 



1000 



3000 




1935 36 37 38 39 40 41 42 43 44 

* Trade of Canada figures, including Newfoundland from April 1, 1949 



948 1949 



11 



JANUARY 1950 



Millions of Dollars 



X— CONSTRUCTION CONTRACTS AWARDED 1 ' 

Compiled from "MacLean Building Reports" 





Private Contracts 


Public 


Total 


D 


1STR1BUTION BY AREAS 




Resi- 
dential 


Industrial 


Business 


General 

Engin- 
eering 


Total 
Private 


Contracts 
Awarded 


Con- 
tracts 


Maritime 


Quebec 


Ontario 


Western 


Annual Totals 
























1929 


128.9 


63.0 


139.6 


99.4 


431.0 


145.7 


576.7 


20.2 


187.8 


215.8 


152.9 


1932 


28.9 


7.8 


20.5 


15.6 


72.9 


60.0 


132.9 


9.3 


52.5 


49.3 


21.7 


1937 


56.2 


33.8 


33.4 


28.0 


151.5 


72.6 


224.1 


21.6 


71.9 


97.8 


32.8 


1945 


196.0 


75.5 


41.3 


21.4 


334.2 


74.9 


409.0 


26.3 


121.9 


151.9 


108.9 


1946 


213.1 


138.3 


132.5 


39.4 


523.3 


140.0 


663.4 


40.8 


226.8 


252.8 


142.9 


1947 


197.2 


113.5 


137.4 


49.2 


497.3 


220.8 


718.1 


59.9 


255.2 


258.7 


144.4 


1948 


373.1 


74.9 


166.9 


99.2 


714.1 


240.1 


954.1 


68.0 


327.1 


350.6 


208.3 


1949 


464.3 


103.8 


154.2 


142.0 


864.3 


275.8 


1,140.1 


58.0 


355.4 


421.1 


305.6 


1948-Nov. 


29.8 


11.4 


21.6 


.4 


63.2 


19.8 


83.0 


4.6 


32.9 


28.3 


17.3 


Dec. 


17.8 


4.5 


15.3 


.4 


38.0 


18.0 


56.0 


3.8 


12.6 


21.7 


17.9 


1949-Jan. 


30.3 


9.2 


9.6 


10.2 


59.3 


13.5 


72.8 


2.6 


22.9 


24.3 


23.0 


Feb. 


19.2 


26.3 


9.4 


.8 


55.8 


7.6 


63.3 


2.5 


29.1 


15.5 


16.2 


Mar. 


19.9 


17.1 


9.8 


.2 


47.0 


20.6 


67.6 


3.7 


31.8 


19.7 


12.4 


Apr. 


36.4 


2.7 


9.6 


1.8 


50.3 


26.5 


76.8 


5.1 


31.7 


20.6 


19.5 


May 


48.2 


4.1 


19.9 


11.4 


83.6 


22.4 


106.0 


5.9 


28.3 


34.6 


37.2 


June 


46.9 


9.5 


18.0 


2.3 


76.8 


25.6 


102.4 


4.1 


23.2 


44.4 


30.7 


July 


52.2 


4.4 


13.5 


23.0 


93.1 


36.2 


129.3 


8.3 


44.8 


53.5 


22.6 


Aug. 


55.9 


2.7 


11.6 


1.6 


71.7 


18.9 


90.7 


6.2 


16.0 


36.3 


32.0 


Sept. 


50.8 


7.1 


14.3 


.4 


72.6 


30.8 


103.3 


6.0 


42.2 


30.8 


24.2 


Oct. 


44.7 


5.3 


12.6 


.6 


63.1 


26.2 


89.3 


5.7 


29.3 


33.7 


20.6 


Nov. 


31.3 


7.5 


12.2 


44.5 


95.5 


21.7 


117.2 


4.4 


21.7 


34.9 


56.3 


Dec. 


28.5 


8.0 


13.8 


45.3 


95.6 


26.0 


121.5 


3.5 


34.3 


72.9 


10.9 



(1) Excluding Newfoudland. 



CONSTRUCTION CONTRACTS AWARDED* 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



1000 




1947 1948 

* Excluding Newfoundland. 



1949 




JANUARY 1950 



Millions of Dollars 



12 



XI— CANADIAN LABOUR INCOME* 

Dominion Bureau of Statistics 





SALARIES AND WAGES 


Supplement- 
ary 
Labour 
Income(l) 






Agriculture, 

Logging, Fishing 

Trapping, 

Mining 


Manu- 
facturing 


Construction 


Utilities 
Transporta- 
tion, Com- 
munications. 
Storage. Trade 


Finance, 

Services 

(incl. Govt.) 


Total 

Salaries 

and Wages 


Total 
Labour 
Income 


Monthly Average 

1938 


22 


59 


9 


56 


59 


205 


5 


209 


1939 


23 


62 


8 


57 


59 


210 


5 


215 


1940 


27 


77 


11 


63 


62 


240 


5 


245 


1941 


29 


107 


16 


73 


67 


291 


8 


299 


1942 


30 


143 


18 


80 


73 


344 


10 


354 


1943 


31 


169 


18 


86 


78 


382 


13 


395 


1944 


33 


172 


13 


95 


83 


396 


13 


409 


1945 


35 


156 


15 


101 


90 


397 


13 


410 


1946 


42 


146 


24 


114 


103 


429 


14 


443 


1947 


47 


175 


33 


133 


113 


501 


17 


518 


1948 


52 


202 


40 


154 


126' 


573 


20 


593 


Average 12-mths. ending 

Oct. 1949 


50 


214 


43 


167 


136 


610 


21 


631 


Monthly 

1947— Jan. 


43 


161 


23 


122 


108 


457 


16 


473 


Feb. 


41 


164 


24 


124 


110 


463 


16 


479 


Mar. 


40 


166 


25 


125 


111 


465 


15 


480 


Apr. 


37 


167 


28 


126 


111 


468 


16 


484 


May 


41 


170 


31 


130 


112 


484 


16 


500 


June 


46 


172 


35 


133 


114 


499 


17 


516 


July 


49 


176 


38 


135 


115 


514 


17 


531 


Aug. 


52 


178 


39 


135 


116 


521 


17 


538 


Sept. 


52 


182 


40 


137 


116 


529 


17 


546 


Oct. 


54 


186 


41 


139 


116 


537 


17 


554 


Nov. 


56 


190 


38 


142 


116 


543 


18 


561 


Dec. 


55 


189 


31 


143 


116 


533 


17 


550 


1948— Jan. 


52 


187 


30 


139 


119 


525 


18 


543 


Feb. 


52 


193 


29 


139 


116 


530 


18 


548 


Mar. 


47 


189 


28 


140 


120 


525 


19 


544 


Apr. 


43 


194 


34 


142 


121 


533 


18 


551 


May 


47 


195 


37 


147 


125 


552 


18 


570 


June 


51 


201 


43 


150 


130 


575 


20 


595 


July 


53 


201 


48 


153 


130 


586 


20 


606 


Aug. 


55 


204 


48 


157 


130 


594 


20 


614 


Sept. 


57 


220 


48 


185 


130 


641 


22 


663 


Oct. 


57 


213 


48 


164 


130 


612 


21 


633 


Nov. 


56 


214 


46 


166 


130 


611 


21 


632 


Dec. 


52 


211 


39 


164 


129 


593 


21 


614 


1949— Jan. 


49 


211 


35 


159 


133 


587 


20 


607 


Feb. 


47 


213 


34 


159 


131 


585 


20 


605 


Mar. 


42 


214 


35 


161 


134 


586 


20 


606 


Apr. 


40 


213 


39 


163 


134 


591 


19 


610 


May 


46 


209 


42 


166 


138 


602 


20 


622 


June 


51 


216 


46 


170 


141 


625 


20 


645 


July 


51 


214 


49 


172 


142 


628 


21 


649 


Aug. 


55 


218 


51 


172 


139 


635 


23 


658 


Sept 


54 


220 


53 


174 


138 


640 


22 


662 


Oct. 


53 


219 


52 


175 


141 


641 


22 


663 



* Comparable with "Salaries, Wages and Supplementary Income" as shown in the National Accounts and constituting 56 percent of the "Net National 

Income at Factor Cost" in 1948. 
(1) Includes employers' contributions to Unemployment Insurance, clothing and living accommodation or cash allowances if provided by employers, and 

other benefits. 



13 



JANUARY 1950 



XII- 



CANADA 

Dominion Bureau of Statistics™ 



-WHOLESALE PRICES 

Index 1935-39 = 100 
U.K. 

Board of Trade m 





Farm 
Products 

• 


Raw 

Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.5 


143.0 


129.8 


141.0 


1947 


189.7 


180.6 


162.7 


154.2 


167.4 


1948 


229.6 


216.0 


202.4 


184.3 


198.9 


1949 


225.2 


222.0 


205.2 


186.9 


203.6 


Monthly 

1948-Nov. 


232.4 


227.1 


206.9 


189.1 


206.7 


Dec. 


233.6 


226.3 


207.0 


189.1 


206.9 


1949-Jan. 


232.2 


226.0 


205.2 


188.3 


206.6 


Feb. 


226.2 


222.8 


202.0 


186.7 


205.1 


Mar. 


224.2 


223.7 


201.5 


185.2 


204.4 


Apr. 


224.5 


222.4 


205.5 


186.6 


204.3 


May 


225.2 


220.6 


205.9 


187.0 


202.9 


June 


230.2 


221.6 


209.6 


186.7 


202.7 


July 


231.4 


222.4 


211.4 


186.7 


203.1 


Aug. 


225.9 


219.2 


207.0 


187.0 


201.7 


Sept. 


222.6 


219.1 


205.6 


186.3 


201.6 


Oct. 


219.7 


222.0 


203.9 


187.8 


203.8 


Nov. 


220.0 


222.0 


203.2 


187.6 


203.6 


Dec. 


219.9 


221.6 


201.7 


187.4 


203.4 



Foods 


Total 

115.0 


120.7 


92.2 


86.2 


107.5 


109.5 


166.2 


176.4 


173.1 


193.1 


190.1 


220.9 


206.8 


231.4 


189.8 


222.1 


187.2 


222.2 


187.3 


222.9 


187.2 


222.7 


186.6 


222.1 


195.4 


228.1 


209.0 


232.9 


212.3 


233.3 


212.2 


230.4 


212.7 


230.6 


210.9 


231.8 


221.1 


238.3 


223.7 


241.4 


222.6 


242.1 



U.S.A. 

Bureau of Labor Statistic^ 



Farm 


Raw 








Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.9 


139.9 


150.0 


238.1 


215.4 


213.2 


176.1 


188.5 


247.8 


232.3 


226.4 


192.4 


204.7 


217.8 


213.3 


204.1 


182.6 


192.3 


237.9 


228.1 


220.4 


191.7 


203.5 


233.3 


224.1 


215.2 


190.2 


201.4 


227.0 


220.4 


209.6 


188.8 


199.3 


221 A 


215.9 


204.2 


186.0 


196.2 


225.7 


217.7 


205.9 


186.1 


196.5 


224.3 


215.9 


205.9 


184.7 


194.7 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.6 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.7 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


204.3 


208.2 


196.8 


178.6 


187.7 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926-100. 

(2) Adjusted to 1935-39-100 from base 1913 = 100 In 1929 and from base 1930-100 thereafter. 

(3) Adjusted to 1935-39 - 100 from base 1926 - 100. 

* An independent series with different weighting and different prices from those Included in the "Total Index" 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



Index 1935-39 = 100 



XIII— COST OF LIVING' 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 





12 


19 





23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.5 


128.8 


160.9 


First of Month 
















1948— Sept. 


203.9 


128.5 


179.9 


121.0 


164.2 


124.4 


158.9 


Oct. 


205.4 


128.8 


181.0 


121.0 


165.1 


124.4 


159.6 


Nov. 


204.7 


129.0 


181.5 


121.0 


166.0 


124.6 


159.6 


Dec. 


202.0 


129.1 


181.5 


121.7 


166.2 


124.6 


158.9 


1949— Jan. 


202.2 


130.0 


181.9 


121.7 


167.0 


126.6 


159.6 


Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar 


199.1 


131.0 


182.7 


121.7 


167.9 


12S.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


1S3.3 


122.4 


167.7 


12S.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184. 1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.0 


183.3 


125.0 


167.0 


L31.6 


161.0 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450- $2,500. with incomes between $1,000-$ 1,600 mo»t common. 



JANUARY 1950 



14 



XIV— STEAM RAILWAYS 

Dominion Bureau of Statistics 







Salaries 

and 
Wages 


Single 

Track 

Mileage 


Revenue Freight Traffic 


Passenger Traffic 




Employees 


Train 
Miles 


Tons'" 

Carried 


Tons 
Carried 
1 Mile 


Train 
Miles 


Passengers 
Carried 


Passengers 
Carried 
1 Mile 




thousands 


$ mm. 


miles 


millions 


millions 


1926 


174 


253 


40,350 


* 


105 


34,153 


* 


43 


2,999 


1927 


176 


267 


40,570 


* 


106 


34,902 


* 


42 


3,052 


1928 


188 


288 


41,022 


* 


119 


41,611 


* 


41 


3,141 


1929 


188 


291 


41,380 


* 


115 


35,026 


* 


39 


2,897 


1930 


174 


268 


42,046 


* 


96 


29,605 


* 


35 


2,423 


1931 


155 


229 


42,280 


* 


74 


25,707 


* 


26 


1,748 


1932 


133 


181 


42,409 


* 


61 


23,137 


* 


21 


1,436 


1933 


122 


158 


42,336 


* 


57 


21,093 


* 


19 


1,393 


1934 


127 


163 


42,270 


* 


68 


23,320 


* 


21 


1,531 


1935 


128 


173 


42,916 


* 


69 


24,235 


* 


20 


1,585 


1936 


133 


183 


42,552 


50 


76 


26,414 


33 


20 


1,726 


1937 


134 


194 


42,727 


52 


82 


26,926 


37 


22 


1,929 


1938 


128 


195 


42,742 


49 


76 


26,835 


36 


21 


1,783 


1939- 


129 


200 


42,637 


52 


85 


31,465 


37 


20 


1,752 


1940 


136 


215 


42,565 


59 


98 


37,898 


37 


22 


2,176 


1941 


149 


252 


42,441 


73 


117 


49,982 


40 


30 


3,206 


1942 


158 


291 


42,338 


77 


135 


56,154 


43 


48 


4,989 


1943 


170 


324 


42,346 


81 


153 


63,915 


46 


57 


6,525 


1944 


175 


372 


42,336 


84 


155 


65,928 


47 


60 


6,873 


1945 


181 


372 


42,352 


81 


147 


63,349 


47 


53 


6,380 


1946 


180 


397 


42,335 


78 


139 


55,310 


46 


43 


4,649 


1947 


184 


430 


42,322 


82 


153 


60,143 


45 


41 


3,733 


1948 


190 


512 


42,248 


83 


155 


59,080 


46 


38 


3,477 





Rail Line Earnings 


Other' 2 ' 
Earnings 


Gross 
Earnings 


Operating 
Expenses 


Net 
Operating 




Freight 


Passenger Express Other 


Total 


Revenue 






millions of dollars 








1926 


356 


81 


22 


19 


478 


16 


494 


390 


104 


1927 


359 


82 


22 


20 


483 


17 


499 


408 


91 


1928 


414 


84 


23 


21 


541 


23 


564 


443 


121 


1929 


385 


80 


23 


22 


510 


24 


534 


433 


101 


1930 


323 


67 


21 


20 


430 


24 


454 


381 


74 


1931 


260 


48 


16 


17 


340 


18 


359 


321 


38 


1932 


217 


37 


13 


14 


280 


13 


293 


257 


37 


1933 


202 


32 


11 


13 


258 


12 


270 


233 


37 


1934 


227 


34 


12 


14 


288 


13 


301 


252 ■ 


49 


1935 


236 


35 


12 


14 


296 


14 


310 


264 


46 


1936 


256 


36 


13 


14 


319 


16 


335 


283 


51 


1937 


270 


39 


13 


15 


338 


17 


355 


301 


54 


1938 


256 


37 


12 


15 


320 


17 


337 


296 


41 


1939 


286 


36 


14 


15 


351 


17 


367 


304 


63 


1940 


334 


43 


19 


16 


412 


17 


429 


335 


94 


1941 


421 


60 


17 


18 


516 


22 


538 


404 


135 


1942 


503 


91 


19 


22 


636 


28 


664 


486 


178 


1943 


569 


124 


26 


26 


744 


35 


779 


561 


218 


1944 


578 


132 


26 


26 


762 


34 


797 


635 


162 


1945 


559 


125 


28 


27 


739 


36 


775 


631 


143 


1946 


532 


100 


28 


25 


685 


34 


719 


624 


95 


1947 


608 


88 


30 


25 


751 


34 


785 


691 


94 


1948 


699 


84 


32 


25 


840 


35 


875 


808 


68 



(1) Originated on Canadian Railways and received from foreign connections. 

(2) Includes earnings from Telegraph and Telephone, Dining and Buffet, Storage, Water line, etc. 
* Not available. 



15 



JANUARY 1950 



Millions of Dollars 



XV— MERCHANDISE EXPORll)] 

Compiled from "Trade of Can fa. 





Fruits 


Wheat 




Other 




Bacon 






Other 






Ot ' 


Calendar 


and 


and 


Oats 


Grains 


Live 


and 


Other 


Cheese 


Milk 


Eggs 


Seeds 


F: 


Years 


Vegetables 


Wheat 
Flourd) 




and 
Products 


Cattle 


Hams 


Meats 




Products 






a.] 

raw i 


1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 





4 




1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 




1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 




1946 


29 


417 


23 


41 


18 


66 


63 


22 


13 


27 


13 




1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 




1948 


21 


382 


23 


74 


74 


70 


65 


12 


18 


39 


50 




1949 


20 


533 


19 


59 


61 


24 


44 


16 


14 


21 


44 




Monthly 

1948-Oct. 


3.6 


38.1 


2.2 


6.4 


14.0 


2.7 


9.0 


3.0 


2.3 


5.9 


4.0 


4 


Nov. 


3.3 


44.6 


5.5 


8.2 


14.2 


1.7 


10.2 


2.1 


1.7 


2.4 


8.5 


•5 


Dec. 


3.3 


37.9 


5.5 


15.2 


5.9 


2.9 


7.5 


.7 


1.4 


.9 


11.2 


5 


1949-Jan. 


2.0 


41.0 


1.4 


1.4 


2.6 


3.0 


4.5 


— 


1.2 


3.1 


5.3 


5 


Feb. 


1.2 


32.6 


1.2 


1.9 


2.2 


1.6 


2.3 


- 


1.1 


2.1 


5.2 


5 


Mar. 


.9 


36.3 


1.1 


2.0 


3.7 


1.2 


2.6 


- 


.7 


.2 


5.3 


4 


Apr. 


.6 


39.3 


.8 


5.0 


3.9 


1.5 


2.1 


.5 


.5 


.8 


4.8 


4 


May 


.6 


59.0 


.7 


5.7 


3.5 


1.5 


2.4 


.8 


1.4 


.9 


2.1 


4 


June 


.7 


59.6 


.6 


3.9 


7.3 


.8 


2.7 


2.5 


1.1 


1.4 


1.9 


3 


July 


1.0 


49.2 


.6 


3.3 


4.7 


.6 


2.2 


5.4 


.7 


.9 


.8 


2 


Aug. 


2.5 


43.1 


.7 


2.5 


3.5 


.5 


3.5 


5.0 


1.2 


1.3 


.4 


1 


Sept. 


2.1 


40.1 


1.0 


4.4 


4.6 


.2 


4.1 


1.5 


1.0 


2.9 


.7 


3 


Oct. 


2.2 


48.4 


3.0 


5.8 


9.5 


2.0 


5.7 


.2 


1.1 


5.6 


1.5 


4 


Nov. 


3.5 


54.6 


3.6 


16.9 


9.5 


5.3 


6.6 


.2 


1.7 


1.4 


5.7 


4 


Dec. 


2.2 


29.6 


3.6 


5.8 


6.3 


5.9 


5.5 


.2 


2.2 


.3 


10.0 


4 






Other 


























Fibres 


Farm 


Machinery 


Autos, 


Other 


Other 




Aluminum 


Copper 


Lead 


Ni 


Calendar 


Artificial 


& Textiles 


Imple- 


(excl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


■ 


Years 


Silk 


(excl. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


Pro 


1929 




8 


20 


7 


47 




16 


3 


15 


37 


11 




1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 




1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 




1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 




1947 


12 


35 


42 


41 


92 


15 


S4 


19 


64 


59 


31 




1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 




1949 


2 


19 


93 


32 


3!) 


23 


106 


12 


01 


s7 


42 




Monthly 


























1948-Oct. 


.5 


3.0 


7.2 


3.3 


4.9 


2.2 


8.4 


1.2 


9.8 


7.6 


2.8 


( 


Nov. 


.4 


2.5 


5.2 


3.5 


5.6 


1.6 


10.2 


1.3 


9.2 


6.5 


4.7 




Dec. 


.3 


2.6 


7.4 


4.4 


8.7 


1.8 


11.6 


1.7 


5.3 


S.l 


4.0 


* 
t 


1949-Jan. 


2 


2.6 


7.8 


2.2 


4.3 


1.7 


9.1 


1.1 


5.5 


8.5 


6.4 


- 
1 


Feb. 


.1 


1.7 


8.1 


2.5 


2.3 


1.2 


7.0 


1.1 


5.1 


4.6 


2.4 


i 


Mar. 


.2 


1.9 


11.9 


2.8 


1.9 


2.1 


8.9 


1.3 


6.2 


6.6 


2.0 


i 


Apr. 


•> 


1.2 


11.5 


3.1 


3.6 


1.7 


7.6 


1.0 


6.9 


7.7 


4.6 


1( 


May 


2 


3.1 


12.0 


2.9 


2.6 


2.6 


7.4 


.9 


11.1 


8.7 


3.S 


I 


June 


2 


2.3 


9.9 


3.5 


3.1 


1.9 


7.1 


1.0 




6.3 


3.1 


( 


July 


2 


1.6 


S.l 


2.0 


.VI 


1.3 


10.9 


.7 


8.4 


7.S 


2.6 


i 


Au^. 


2 


1.1 


4.3 


1.7 


3.3 


2.1 


6.7 


.'.) 


12.6 


8.5 


1.5 


- 


Sept. 


.1 


1.2 


-l.S 


2.3 


3.1 


1.5 


9.8 


.8 


'.1.2 


7.2 


5.0 


< 


Oct. 


■ ) 


1.0 


3.8 


3.4 


15. S 


2 2 


5.8 


1.2 


6.4 


7.1 


2.6 


' 


Nov. 


2 


.8 


4.9 


2.1 


2,1 


1.6 


1 1.1 


1.0 


2.7 


7.1 


3.0 


: 


Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


11.6 


1.2 


L1.6 




5.1 


J 



(1) tnthecaseof wheatfor 1937, 46,47, 48 & 49 export clearance figures are based on Board of Grain Commissioners rather than Customs M.ull 

1680. 1700, 1710, 2005. 2015. 2020. 2025, 2060. 2065, 2070, 207S. 2080. 2085, 2090. 2095, 2100-2110, 2490. 2500-2525. 2750, 2795. 2805. 2810. 2825. 2840. 284.1 



ANUARY 1950 






















klODITY CLASSIFICATION 


















ion Bureau of Statistics 


















Millions of Dollars 


Fish 

d (canned & 
salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 


44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 


40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 


59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 

Monthly 


3.8 


.6 


2.2 


17.4 


4.7 


17.2 


33.0 


2.6 


5.0 


2.9 


2.8 


Oct.- 1948 


3.7 


.7 


2.2 


15.5 


3.9 


17.6 


34.5 


2.8 


4.8 


3.9 


2.8 


Nov. 


3.2 


2.3 


1.4 


13.2 


3.0 


18.1 


37.7 


2.9 


5.0 


3.1 


2.8 


Dec. 


3.4 


3.9 


1.5 


11.1 


2.8 


15.2 


29.9 


1.9 


2.8 


3.1 


2.0 


Jan. -1949 


3.2 


2.5 


1.0 


10.2 


3.3 


15.4 


30.4 


1.4 


2.6 


2.1 


2.2 


Feb. 


3.6 


2.1 


1.4 


11.1 


3.0 


15.6 


33.7 


1.6 


3.2 


3.4 


2.4 


Mar. 


3.2 


1.5 


1.4 


10.9 


1.3 


12.9 


32.4 


1.9 


3.6 


2.7 


2.7 


Apr. 


4.8 


2.2 


1.4 


12.5 


1.2 


14.8 


38.6 


2.0 


3.2 


2.7 


2.1 


May 


4.6 


1.5 


1.7 


12.2 


3.0 


13.7 


35.6 


1.8 


2.7 


3.0 


2.1 


June 


4.2 


1.0 


1.9 


12.5 


3.1 


12.4 


36.0 


1.6 


2.7 


2.6 


2.5 


July 


4.6 


1.0 


3.0 


13.2 


2.6 


13.1 


40.8 


1.3 


2.9 


2.2 


2.2 


Aug. 


6.7 


1.6 


2.0 


15.0 


2.7 


11.5 


32.7 


1.4 


3.0 


2.9 


2.1 


Sept. 


7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Oct. 


6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 


6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 



16 



s 

1) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 
Metals 


Asbestos 


Other 
Non- 
metallic 

Minerals 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 
(Including 

ftold 


Calendar 
Years 




9 


5 


13 


17 


7 


14 


1 





33 


37 


1,190 


1929 




4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 




15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 




28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 




30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 




42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 




56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 




5.1 


2.1 


4.0 


5.3 


2.2 


3.6 


16.8 


.5 


7.1 


9.6 


306.7 


Monthly 

Oct. -1948 




4.0 


2.6 


3.8 


5.7 


3.3 


3.2 


.1 


.8 


8.6 


9.1 


302.6 


Nov. 




4.9 


1.6 


4.3 


5.4 


2.8 


3.2 


22.5 


.6 


9.9 


12.9 


327.5 


Dec. 




5.4 


1.1 


2.8 


3.0 


3.7 


2.7 


.7 


.3 


7.8 


9.7 


248.0 


Jan.-1949 




3.7 


.9 


2.2 


3.4 


3.2 


2.6 


2.5 


.4 


6.3 


9.6 


216.3 


Feb. 




5.4 


1.2 


.9 


3.5 


4.7 


2.7 


.6 


.5 


5.9 


12.1 


236.1 


Mar. 




5.3 


1.4 


.9 


3.1 


4.9 


3.1 


7.2 


1.2 


6.0 


9.8 


243.9 


Apr. 




5.7 


1.8 


1.3 


3.3 


3.9 


3.0 


6.1 


1.6 


12.0 


12.4 


288.1 


May 




3.8 


3.3 


1.5 


2.8 


2.0 


2.3 


9.0 


2.5 


7.4 


9.8 


272.0 


June 




4.2 


1.0 


3.6 


2.5 


1.8 


2.1 


2.9 


2.9 


5.5 


9.4 


251.7 


July 




4.4 


.9 


5.0 


2.5 


2.7 


2.0 


8.0 


5.2 


5.0 


13.8 


258.7 


Aug. 




4.3 


1.0 


4.2 


2.3 


3.3 


2.3 


.7 


2.4 


5.3 


11.2 


242.6 


Sept. 




4.3 


.8 


5.2 


3.1 


2.8 


2.8 


- 


5.3 


5.6 


13.2 


285.4 


Oct. 




5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 




3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.0 


.4 


7.1 


12.5 


283.5 


Dec. 



items listed in •'Trade of Canada" under code numbers 180. 600. 610. 690. 710. 790, 1170, 1500-1590. 1610. 1620, 1630, 1640, 1645, 1650, 1660, 1670, 
860. 3160-3187. 



17 



JANUARY 1950 



Millions of Dollars 



XVI— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS (1) * 





TOTAL EXPORTS (EXCLUDING GOLD) TO 




U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

OF 

South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 
Europe & 
Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


94 


83 


115 


307 


127 


163 


3,124 


1949 (6) 


1,529 


709 


72 


76 


152 


254 


134 


97 


3,022 


Monthly 

1948-Sept. 


164.2 


50.9 


7.4 


8.2 


6.1 


26.7 


11.2 


15.5 


290.2 


Oct. 


148.3 


61.3 


8.5 


8.6 


7.6 


38.7 


11.4 


15.7 


300.1 


Nov. 


161.4 


58.6 


6.6 


10.5 


14.5 


20.2 


9.0 


15.2 


295.9 


Dec. 


149.5 


50.0 


8.3 


6.1 


26.2 


37.6 


16.8 


23.2 


317.6 


1949- J an. 


117.7 


57.0 


6.6 


4.3 


14.1 


21.8 


8.2 


10.9 


240.5 


Feb. 


108.1 


47.6 


4.5 


2.8 


11.8 


15.7 


9.0 


9.3 


208.8 


Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


15.1 


7.1 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.4 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. <6) 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 



Millions of Dollars 



MERCHANDISE IMPORTS 



<2>* 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 


Area 


Colonies 


South 














Africa 


(3) 


(4) 


America 


(5) 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


12-Mths. ending 




















Nov. 1949 


1,960 


310 


108 


4 


80 


89 


189 


37 


2,778 


Monthly 




















1948-Sept. 


152.7 


24.0 


9.4 


.2 


7.0 


7.0 


18.6 


2.6 


221.6 


Oct. 


160.2 


29.2 


13.8 


.2 


7.5 


8.5 


20.5 


3.4 


243.4 


Nov. 


163.5 


28.2 


8.0 


.9 


9.1 


7.7 


16.7 


4.0 


238.1 


Dec. 


159.4 


24.6 


6.9 


.3 


7.9 


12.8 


17.0 


3.1 


231.9 


1949-Jan. 


164.8 


25.3 


5.1 


.2 


5.6 


6.3 


14.3 


2.1 


223.7 


Feb. 


148.8 


22.9 


7.6 


.3 


4.0 


5.5 


13.7 


3.2 


206.0 


Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.9 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.S 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.S 


3.4 


234.2 


Nov. (<) 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


L8.8 


\.-2 


239.5 



* Commencing April 1. 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the iten 
"Canadian Goods Returned" (9195'' ire excluded. 

(3) Consists of Eire, India. Pakistan. Burma, Australia, New Zealand, Iceland 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece. Turkey, and British Sudan. 

(5) Includes Egypt, Spain. Palestine, and also Newfoundland until March 31 
1949. 

(6) Preliminary. 



NUARY 1950 



18 



MERCHANDISE TRADE* 



CANADIAN EXPORTS BY COUNTRIES 

BY VALUE PERCENTAGE DISTRIBUTION 

MILLIONS OF DOLLARS RUNNING 12-MONTH TOTALS PERCENT 

"1100 



3000 



2000 



1000 




CANADIAN IMPORTS BY COUNTRIES 

BY VALUE PERCENTAGE DISTRIBUTION 

MILLIONS OF DOLLARS RUNNING 12-MO NTH TOTALS PERC ENT 

100 



3000 



2000 



1000 





DMJSDMJSDMJSD DMJSDMJSDMJSD 

1947 1948 1949 1947 1948 1949 

* Excluding gold. See footnote * on page 17. 

(1) See footnote (1) on page 17. 

(2) See footnote (2) on page 17. 



STATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 

I Bank of Canada : 

Liabilities and A.ssets 19-20 

Chartered Banks: Canadian Deposits, Loans and Government of 

Canada and Provincial Securities 19 

Chartered Banks: Canadian Savings and Current Deposits ... 20 

II Chartered Banks: 

Liabilities and Assets 21-22 

III Money Supply and Related Bank Assets 21-22 

IV Security Prices: 

Government Securities Payable in Canada only 23 

Yields of Government of Canada Bonds, Payable in Canada only . 23 

Government Securities, Canada, U.K. and U.S. A 24 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 24 

V Business Activity 25 

Value of Mineral Production 25 

VI Mineral Production 26 

VII Wholesale Prices 27 

Wholesale Price Indexes: Canada and U.S.A. 27 

VIII Cost of Living 28 

Cost of Living Indexes 28 

IX Retail Merchandise Trade 29-30 

Value of Retail Sales 30 

X Average Hourly & Weekly Earnings and Hours Worked in Manufacturing 31 

Average Hourly and Weekly Earnings in Manufacturing ... 31 

XI Grains : Acreage and Production 32 

XII Exports and Imports By Countries 33 

Exports and Imports by Countries 34 

XIII Merchandise Imports: Commodity Classification 35-36 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



FEBRUARY 1950 



19 



Millions of Dollars 





LIABILITIES 






Chartered Bank Cash 












1 
Lia 

k 












Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits'" 


B. of C. 

Note 

Circulation 


All 

Other 

Accounts 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


i 


Average of 






















Month-end Figures 






















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 




1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 




1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 




1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1, 




1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1, 




1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1, 




1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1, 




1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1, 




1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2, 




End of 






















1948— Aug. 


176.0 


525.1 


701.1 


105.1 


90.3 


.1 


1,050.9 


36.1 


1. 




Sept. 


172.2 


550.9 


723.1 


87.3 


78.2 


2 


1,095.5 


44.6 


2, 




Oct. 


160.4 


581.0 


741.4 


110.0 


72.2 


1.0 


1,114.7 


40.3 


2. 




Nov. 


190.2 


579.6 


769.8 


86.5 


64.1 


.1 


1,083.3 


59.2 


2, 




Dec. 


190.8 


547.3 


738.1 


98.1 


81.0 


.4 


1,098.3 


42.7 


2, 




1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


- 


1,047.0 


42.5 


2. 




1949— Aug. 


198.7 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2, 




Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2. 




Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2. 


Nov. 


201.6 


544.7 


746.3 


27.2 


84.1 


71.6 


1,081.4 


45.1 


2. 


Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2, 


1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2 


. 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31, 1949. -frMay 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to tr 



CHARTERED BANKS : CANADIAN DEPOSITS, LOANS AND GOVT. OF CANADA 

MILLIONS or nni . ... AND PROVINCIAL SECURITIES 

MILLIONS Or DOLLARS MILLIONS Of DOLLARS 



5000 




7000 



5000 



3000 



1000 



1947 



1948 



1949 



:;BRUARY 1950 



20 



lNADA 



Millions of Dollars 



ASSETS 












Securities 


























Advances 


All 
Other 

Accounts 




Silver 


Currencies 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 




Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 




1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


1 


2.5 


19.0 


59.7 


97.7 


- 


. 6.5 


163.9 


- 


5.9 


1937-12 Mths. 


1 


- 


41.7 

• 


142.8 
• 


46.2 
• 


— 


- 


189.1 

• 


.2 


6.7 


1939 




- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 




- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 




- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 




- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 




- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 




- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 




- 


.2 


1,155.2 


778.1 


25.0 


- 


1,958.3 


- 


25.1 


Aug.— 1948 




- 


.3 


1,216.3 


757.2 


25.0 


- 


1,998.5 


- 


30.2 


Sept. 




- 


1.1 


1,279.6 


741.3 


25.0 


- 


2,045.9 


- 


32.6 


Oct. 




- 


.1 


1,222.1 


794.0 


25.0 


- 


2,041.1 


- 


21.7 


Nov. 




- 


.5 


1,233.7 


779.1 


25.0 


- 


2,037.7 


- 


20.4 


Dec. 




- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 




- 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug.— 1949 




- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept. 




- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


- 


49.7 


Oct. 




- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov. 




- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec. 




— 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


— 


42.6 


Jan. — 1950 



figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
"ontrol Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS : CANADIAN SAVINGS AND CURRENT DEPOSITS 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



4500 



4000 



3500 



3000 



2500 




4500 



4000 



3500 



3000 



2500 



1946 1947 

(1) All Canadian Deposits other than Public Savings Accounts 



21 



FEBRUARY 19f 



II— CH,| 



Millions of Dollars 




















' w 




LIABILITIES 






Notes 


Deposits 


Cash 
in (3) 


Securities 








Govt, of 


Canadian 




Total 


Govt, of 


Canada 


— 
Foreign 
Govt. 






Demand 


Notice 


Canada 


Deposits 

in 


Foreign 


Deposits 

(2) 




and Provincial 










and Prov. 






Under 2 yrs. 


Over 2 yrs. 


Average of 






















H 


Month-end figures 
























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


15".| 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


20( 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


1947 


20 


2,139 


3,681 


404 


6.278 


851 


7,237 


665 


871 


2,524 


290 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


1949* 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


1948-Aug. 


17 


2,215 


4,003 


391 


6,653 


841 


7,606 


701 


967 


2,430 


264 


Sept. 


17 


2,360 


4,049 


368 


6,830 


823 


7,752 


723 


952 


2,430 


256 


Oct. 


17 


2,341 


4,040 


417 


6,842 


804 


7,745 


741 


894 


2,466 


246 


Nov. 


16 


2,534 


4,086 


401 


7,090 


819 


8,005 


770 


927 


2,460 


242 


Dec. 


16 


2,544 


4,057 


426 


7,099 


811 


8,002 


738 


922 


2,513 


242 


1949-Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 


1949-Aug.* 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


818 


997 


2,530 


247 


Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


24S 


Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 


1950-Jan. 


I («) 


2,406 


4,494 


296 


7,287 


744 


8,125 


731 


1,023 


2.544 


251 



*.\s from April 1. 1949, statistics of Newfoundland Branches of Chartered Banks are included as Canada. (1) Estimated month-end deposits payable i: 
after that date; Bank of Canada Notes and Deposits. (4) Figures given are annual averages of estimated month-end Canadian deposits in 1926-35 ai 
1944, an approximate figure only. (6) Notes issued for circulation outside Canada only; liability for outstanding notes issued lor circulation in Ca 





















Ill- 


MONEY SUPPU&I 


Millions of Dollars 








MONEY SUPPLY 














Currency 
Outside Banks 


Bank Deposits 










Chartered Banks 






Bank of 




M e 






















Canada 

"Other" 

Deposits 

en 


Total 






Notes"' 


Coin«> 


Total 


Demand* 3 ' 


Active 

Notice'*' 


Other"' 
excl. Govt, 
ot Canada 


Total 


Deduct 
Floats 


Net 

Total 


Surf; 


As at Dec. 31 


























1938 


207 


31 


238 


734 


187 


42 


963 


116 


847 


3 


850 


1 Jc 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1,184 


153 


1945 


992 


63 


1,055 


2,063 


474 


172 


2,709 


280 


2,429 


30 


2,459 


3 14 


1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3 i' 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2.764 


68 


2,832 


3 1 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3.069 


81 


3,150 


4 35 


1949* 

End of 

1948-Aug. 


1,110 


74 


1,184 


2.426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4 22 


1,068 


67 


1,135 


2,215 


634 


254 


3,103 


280 


2,S23 


90 


2,913 


4 4c 


Sept. 


1,112 


68 


1,180 


2,360 


645 


267 


3,272 


377 


2,895 


78 


2,973 


4 5; 


Oct. 


1,131 


70 


1,201 


2,341 


647 


239 


3,227 


292 


2,935 


72 


3,007 


4 0* 


Nov. 


1,100 


69 


1,169 


2,534 


651 


271 


3,456 


362 


3,094 


M 


3,158 


4 2- 


Dec. 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4: 


1949-Jan. 


1,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,944 


87 


3,031 


4 6- 


1949-Aug.* 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


■2, '.171 


(12 


3,033 


4.^ 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3.094 


64 


3,158 


4 e 


Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3.527 


414 


$113 


77 


3,190 


4 " 


Nov. 


1 ,095 


73 


1,168 


2,485 


683 


312 


3,4S0 


356 


3,124 


84 


3,208 


4 ; 


Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4 . 


1950-Jan. 


1,059 


72 


1,131 


2,406 


692 


3 IS 


3,41ti 


307 


3.109 


146 


3,255 


A ' 



* See note (*) above 

(1) Note Circulation of Bank of Canada and chartered banks, excluding 
notes held by chartered banks. 

(2) Subsidiary coin issued by the Mint less coin held by Bank of Canada 
and chartered banks in Canada 

(.5) Chartered banks' public demand deposits in Canada. 

(4) Chartered banks' public notice deposits in Canada other than estimated 

aggregate quarterly minimum balances in personal savings accounts 

and non-personal notice deposits. 



(5) Chartered banks' Canadian dollar deposits oi provincial 
Canadian, United Kingdom, and foreign banks. 

(6) Cheques on banks as shown in chartered bank month-end re j 
the Minister of Finance. 

(7; Bank of Canada Other Deposits as shown on published moj 
statements— i.e. excluding Government of Canada. chartere| 
and foreign depoMt>. 

(X) Hank of Canada gold and foreign exchange holdings less the 
foreign currency deposit liabilities. 



iBRUARY 1950 
JANKS 



22 



^ 

SETS 




Loans 






CANADA 


ABROAD 


Total 

Assets 


1 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


• 


267 


1,343 


112 


301 


248 


3,528 


; 


117 


1,032 


165 


84 


172 


2,869 


; 


107 


732 


117 


68 


165 


3,317 


; 


104 


1,693 


54 


76 


198 


7,811 


» 


81 


1,923 


75 


74 


234 


8,140 


> 


97 


2,112 


105 


83 


220 


8,658 


) 


77 


1,878 


80 


77 


239 


8,182 


> 


76 


1,931 


93 


70 


244 


8,323 


> 


97 


2,011 


99 


71 


241 


8,324 


; 


96 


2,129 


72 


80 


250 


8,579 


1 


101 


2,077 


71 


78 


240 


8,580 


I 


90 


2,054 


77 


73 


244 


8,458 


' 


78- 


2,060 


114 


84 


205 


8,734 


\ 


103 


2,184 


120 


97 


214 


8,979 


1 


137 


2,213 


124 


77 


214 


8,943 


) 


119 


2,250 


106 


91 


212 


8,873 


5 


133 


2,174 


97 


70 


211 


8,718 


5 


100 


2,164 


100 


76 


210 


8,664 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (S) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949* 


696 


6,546 


10.6 


1,056 


Aug.-1948 


717 


6,582 


10.9 


1,081 


Sept. 


735 


6,805 


10.8 


1,107 


Oct. 


755 


6,940 


10.9 


1,099 


Nov. 


723 


6,966 


10.4 


1,105 


Dec. 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


762 


7,256 


10.5 


1,081 


Aug.*1949 


771 


7,312 


10.5 


1,100 


Sept. 


772 


7,442 


10.4 


1,111 


Oct. 


752 


7,443 


10.1 


1,099 


Nov. 


729 


7,344 


9.9 


1,109 


Dec. 


750 


7,247 


10.3 


1,064 


Jan.-1950 



(2) Includes inter-bank deposits. (3) Until March 1935; Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; 
'anadian deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 
Bank of Canada during January 1950. 

TED BANK ASSETS 



RELATED BANK OF CANADA AND CHARTERED BANKS ASSETS 



Millions of Dollars 





Government of Canada Securities, Gold and 


Exchange 


All other 
Loans 

and 
Invest- 
ments 


Deduct 
Inactive 

Notice 
Deposits 

(U) 


Total 




Bank of«> 

Canada 

Gold and 


Banking"' 
Securities 


Other Govt. Securities 


Total 


Deduct 

Govt. 

Deposits 


Net 
Total 


Related 
Bank 

Assets 




Bonds" ' 


Victory"" 
Loan 


Total 




Exchange 






Advances 






(12) 




(13) 






t Dec. 31 
























L938 


214 


196 


753 


- 


753 


1,163 


79 


1,084 


1,628 


1,472 


1,240 


L940 


38 


743 


737 


- 


737 


1,518 


32 


1,486 


1,720 


1,438 


1,768 


L945 


- 


1,696 


3,241 


411 


3,652 


5,348 


1,002 


4,346 


1,827 


2,391 


3,782 


L946 


- 


1,476 


3,745 


- 


3,745 


5,221 


366 


4,855 


2,297 


2,856 


4,296 


1947 


- 


811 


3,718 


- 


3,718 


4,529 


272 


4,257 


3,084 


3,143 


4,198 


1948 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


L949* 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


3-Aug. 


- 


1,152 


3,709 


- 


3,709 


4,861 


287 


4,574 


3,078 


3,368 


4,284 


Sept. 


- 


1,142 


3,747 


- 


3,747 


4,889 


241 


4,648 


3,138 


3,403 


4,383 


Oct. 


- 


1,125 


3,801 


- 


3,801 


4,926 


331 


4,595 


3,236 


3,393 


4,438 


Nov. 


- 


1,145 


3,788 


- 


3,788 


4,933 


286 


4,647 


3,375 


3,435 


4,587 


Dec. 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


Han. 


- 


1,094 


3,919 


- 


3,919 


5,013 


420 


4,593 


3,302 


3,484 


4,411 


3-Aug.* 


- 


1,029 


4,281 


- 


4,281 


5,310 


526 


4,784 


3,256 


3,697 


4,343 


Sept. 


- 


942 


4,353 


- 


4,353 


5,295 


493 


4,802 


3,400 


3,730 


4,472 


Oct. 


- 


1,039 


4,106 


- 


4,106 


5,145 


309 


4,836 


3,480 


3,770 


4,546 


Nov. 


- 


1,110 


3,982 


- 


3,982 


5,092 


270 


4,822 


3,490 


3,764 


4,548 


Dec. 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


Han. 


- 


1,128 


4,021 


- 


4,021 


5,149 


163 


4,986 


3,359 


3,802 


4,543 



Bank of Canada and C harlered bank holdings of Government of Canada 
Treasury Bills, Deposit Certificates, Treasury notes and any other 
short term issues sold direct to Bank of Canada and chartered banks. 
Bank of Canada and chartered bank holdings of Government of Canada 
direct and guaranteed securities other than those shown as banking 
issues and exclusive of any temporary advances in connection with 
purchase of Victory Loan issues. 

Chartered banks' temporary advances to the public in connection 
with the purchase of Victory Loan bonds at time of issue. 



(12) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered banks' 
holdings of provincial, municipal and "other'' securities, and Bank of 
Canada holdings of Industrial Development Bank capital stock. 

(14) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits 
in Canada. 



23 



FEBRUARY 1950 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Feb. 


99.85 


3.00 


2.90 


2.65 


2.26 


1.63 


Mar. 


99.88 


3.00 


2.88 


2.65 


2.27 


1.68 


Apr. 


99.88 


3.00 


2.88 


2.65 


2.28 


1.68 


May 


100.14 


2.99 


2.88 


2.67 


2.28 


1.68 


June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



14% 



I8X 



72'/. 




1936 1937 '936 1939 1940 1941 19-12 1943 1944 1943 1946 1947 1946 1949 r930 

(1) Prior to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of 
month. (3) Feb. 15. 



FEBRUARY 1950 



24 









IV— SECURITY 


PRICES 
















Bank of Canada 










Government Bonds 


3 Month Treasury Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




CanaHa*" 


U. K.<» 


U.S A.«> 




















Canada 


U.K. 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 




















1948— Nov. 


100.65 


2.94 


103.27 


2.64 


101.15 


2.41 


.413 


.504 


1.138 


Dec. 


100.75 


2.93 


103.42 


2.62 


101.34 


2.39 


.412 


.518 


1.153 


1949— Jan. 


100.72 


2.93 


103.55 


2.60 


101.60 


2.37 


.411 


.519 


LI 60 


Feb. 


100.77 


2.93 


103.58 


2.60 


101.92 


2.35 


.415 


.524 


1.163 


Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 


Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.73 


96.47 


3.25 


104.25 


2.14 


.513 


.525 


1.131 



(t) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. IS. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 19S2. 



(3) U.S. Treasury 2VS% due Dec. IS. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. U.K. & U.S.A. 

Daily Opening Quotations 




JAN FEB MAR APR. 



MAY JUNE JULY AUG. SEPT OCT NOV PEC JAN FEB 

1949 1950 

* Security is not eligible for commercial banks before Dec. 1. 1952. 



25 



FEBRUARY 1950 



V— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 
Payrolls 














Index 










News- 


Central 


struction 


Loadings 


Department 


(3) 


(j) 




Gold 


Nickel 


Steel 


Print 
(i) 


Electric 
Stations* 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 


Unadjusted 




Thousands 
Fine Ounces 


Thousands 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs 


Millions 
of Dollars 


Thousands 


Millions 
of Dollars 


1941 = 100 


1941 = 100 


Annual Totals'*' 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.4 


12-mths. ending 






















Jan. 1950 


4,113* 


126* 


3,192 


5,173 


42,470 


458 


3,878 


857 


128.4 


214.7 


Monthly 






















1948-^Aug. 


305.5 


9.0 


263.1 


422.3 


3,408 


44.5 


344 


54.4 


131.6 


207.2 


Sept. 


295.0 


9.9 


257.9 


408.8 


3,363 


34.1 


378 


70.7 


132.2 


209.3 


Oct. 


307.0 


10.3 


281.9 


435.3 


3,538 


32.1 


388 


82.4 


133.1 


215.7 


Nov. 


311.4 


12.8 


278.0 


432.1 


3,388 


29.8 


370 


89.7 


133.3 


218.0 


Dec. 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


1949— Aug. 


359.1 


8.9 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


130.8 


218.2 


Sept. 


363.8 


9.5 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


365.8 


10.7 


258.9 


435.7 


3,628 


44.7 


370 


82.9 


132.4 


223.8 


Nov. 


361.7 


9.7 


259.7 


436.8 


3,636 


31.3 


352 


93.0 


132.3 


224.8 


Dec. 


373.1 


10.7 


263.9 


414.9 


3,747 


28.5 


301 


114.5 


132.2 


224.7 


1950— Jan. 






289.9 


417.0 


3,774 


24.0 


271 


49.8 


127.2 


209.2 



( 1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Dec. 1°49. 



VALUE OF MINERAL PRODUCTION 



MILLIONS OF DOLLARS 



ANNUAL TOTALS 



PRODUCTION OF LEADING MINERALS 



MILLIONS OF DOLLARS 




^1929 3C 
* Excluding clay products and other structural materials 



FEBRUARY 1950 






















26 








VI— MINERAL PRODUCTION: 


1941-49 




















Dominion Bureau of Statistics 






















METALLIC MINERALS 












— 


Gold 


Silver 


Other 1 " 
Precious Metals 


Nickel 


Copper 


Zinc 


fine oz. 
000 


$ mm. 


fine oz. 
000 


$ mm. 


fine oz. 
000 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


1941 


5,345 


205.8 


21,754 


8.3 


222 


8.1 


282 


68.7 


643 


64.4 


512 


17.5 


1942 


4,841 


186.4 


20,695 


8.7 


481 


19.2 


285 


70.0 


604 


60.4 


580 


19.8 


1943 


3,651 


140.6 


17,345 


7.8 


346 


13.7 


288 


71.7 


575 


67.2 


611 


24.4 


1944 


2,923 


112.5 


13,627 


5.9 


200 


8.0 


275 


69.2 


547 


65.3 


551 


23.7 


1945 


2,697 


103.8 


12,943 


6.1 


667 


26.7 


245 


62.0 


475 


59.3 


517 


33.3 


1946 


2,833 


104.1 


12,544 


10.5 


239 


12.8 


192 


45.4 


368 


46.6 


471 


36.8 


1947 


3,070 


107.5 


12,504 


9.0 


205 


10.0 


237 


70.7 


452 


91.5 


416 


46.7 


1948 


3,530 


123.5 


16,110 


12.1 


270 


16.9 


263 


86.9 


482 


107.2 


468 


65.2 


1949f 


4,113 


147.7 


16,938 


12.6 


343 


20.7 


252 


99.1 


527 


104.8 


578 


76.5 





Lead 


Mercury 


Iron 


Ore 


Magnesium 


All Other 
Metallics 

$ mm. 


Total 

Metallics 

$ mm. 




lbs. mm. 


$ mm. 


lbs. 000 


$ mm. 


tons 000 


$ mm. 


lbs. 000 


$ mm. 


1941 


460 


15.5 


536 


1.3 


516 


1.4 


11 


_ 


4.2 


395.2 


1942 


512 


17.2 


1,036 


2.9 


545 


1.5 


809 


.4 


5.0 


391.5 


1943 


444 


16.7 


1,690 


4.6 


641 


2.0 


7,154 


2.1 


5.8 


356.6 


1944 


305 


13.7 


736 


1.2 


553 


1.9 


10,580 


2.6 


4.1 


308.1 


1945 


347 


17.3 


- 


- 


1,135 


3.6 


7,359 


1.6 


3.3 


317.0 


1946 


354 


23.9 


- 


- 


1,550 


6.8 


321 


.1 


3.4 


290.4 


1947 


323 


44.2 


- 


- 


1,919 


9.3 


* 


* 


6.3 


395.1 


1948 


335 


60.3 


- 


- 


1,337 


7.5 


* 


* 


8.6 


488.2 


1949t 


315 


49.8 


— 


— 


3,634 


18.3 


* 


* 


5.3 


534.8 



NON-METALLIC MINERALS 





Coal 


Petroleum 


Natural Gas 


Asbestos 


Salt 


Sulphur 




tons 000 


$ mm. 


bbl. 000 


$ mm. 


cu. ft. 
billions 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


1941 


18,226 


58.1 


10,134 


14.4 


43 


12.7 


478 


21.5 


561 


3.2 


260 


1.7 


1942 


18,865 


62.9 


10,365 


16.0 


46 


13.3 


439 


22.7 


654 


3.8 


304 


2.0 


1943 


17,859 


62.9 


10,052 


16.5 


44 


13.2 


467 


23.2 


688 


4.4 


258 


1.8 


1944 


17,026 


70.4 


10,099 


15.4 


45 


11.4 


419 


20.6 


695 


4.1 


248 


1.8 


1945 


16,507 


67.6 


8,483 


13.6 


48 


12.3 


467 


22.8 


673 


4.1 


250 


1.9 


1946 


17,806 


75.4 


7,586 


15.0 


48 


12.2 


558 


25.2 


538 


3.6 


235 


1.8 


1947 


15,869 


77.5 


7,692 


19.6 


53 


13.4 


662 


33.0 


729 


4.4 


222 


1.8 


1948 


18,450 


106.7 


12,287 


37.4 


59 


15.6 


717 


42.2 


741 


4.8 


229 


1.8 


1949f 


19,275 


112.1 


22,220 


62.2 


75 


9.9 


574 


38.7 


757 


5.3 


249 


1.9 





Gypsum 


Sodium Sulphate 


Peat Moss 


Magnesite 


All Other' 2 ' 
Non-Metallics 


TotalO> 
Non- 




















Metallics 




tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


$ mm. 


$ mm. 


1941 


1,593 


2.2 


116 


.9 


28 


.6 


* 


.8 


3.6 


119.7 


1942 


566 


1.3 


131 


1.1 


54 


1.1 


* 


1.1 


4.2 


129.5 


1943 


447 


1.4 


107 


1.0 


64 


1.5 


* 


1.3 


4.3 


131.5 


1944 


596 


1.5 


102 


1.0 


80 


1.9 


* 


1.1 


5.5 


134.7 


1945 


840 


1.8 


93 


.9 


84 


2.0 


* 


13 


5.1 


133.4 


1946 


1,811 


3.7 


106 


1.1 


97 


2.4 


* 


1.2 


4.7 


146.3 


1947 


2,497 


4.7 


163 


1.8 


80 


2.3 


* 


1.2 


5.5 


165.2 


1948 


3,217 


5.6 


154 


2.1 


90 


2.8 


* 


1.7 


6.4 


227.0 


1949f 


3,006 


5.9 


120 


1.6 


62 


1.7 


* 


1.5 


5.8 


246.6 



(1) 1945, 46, 47. 43 and 49 figures represent the metal content of concentrates produced from nickel-copper ores. For earlier years the figures refer to refined 
metals recovered and the contents of concentrates sold. (2) Excluding clay products and other structural materials. t Preliminary. * Not available. 



27 



FEBRUARY 1950 



CANADA 

Dominion Bureau of Statistics 11 * 



VII— WHOLESALE PRICES 

Index 1935-39 = 100 
U.K. 

Board of Trade a) 





larm 


Raw 




Manu- 






Products 

• 


Materials 


Hoods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.5 


143.0 


129.8 


141.0 


1947 


189.7 


180.6 


162.7 


154.2 


167.4 


1948 


229.6 


216.0 


202.4 


184.3 


198.9 


1949 


225.2 


222.0 


205.2 


186.9 


203.6 


Monthly 












1949-Jan. 


232.2 


226.0 


205.2 


188.3 


206.6 


Feb. 


226.2 


222.8 


202.0 


186.7 


205.1 


Mar. 


224.2 


223.7 


201.5 


185.2 


204.4 


Apr. 


224.5 


222.4 


205.5 


186.6 


204.3 


May 


225.2 


220.6 


205.9 


187.0 


202.9 


June 


230.2 


221.6 


209.6 


186.7 


202.7 


July 


231.4 


222.4 


211.4 


186.7 


203.1 


Aug. 


225.9 


219.2 


207.0 


187.0 


201.7 


Sept. 


222.6 


219.1 


205.6 


186.3 


201.6 


Oct. 


219.7 


222.0 


203.9 


187.8 


203.8 


Nov. 


220.0 


222.0 


203.2 


187.6 


203.6 


Dec. 


219.9 


221.6 


201.7 


187.4 


203.4 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.2 


176.4 


173.1 


193.1 


190.1 


220.9 


206.8 


231.7 


187.3 


222.9 


187.2 


222.7 


186.6 


222.1 


195.4 


228.1 


209.0 


232.9 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.6 


246.2 



U.S.A. 

Bureau of Labor Statistics^ 3 * 



Kami 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.9 


139.9 


150.0 


238.1 


215.4 


213.2 


176.1 


188.5 


247.8 


232.3 


226.4 


192.4 


204.7 


217.8 


213.3 


204.1 


182.6 


192.3 


227.0 


220.4 


209.6 


188.8 


199.3 


221 .4 


215.9 


204.2 


186.0 


196.2 


225.7 


217.7 


205.9 


186.1 


196.5 


224.3 


215.9 


205.9 


184.7 


194.7 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.6 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


1S1.3 


190.7 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


204.3 


207.9 


196.8 


178.6 


187.7 


204.3 


208.5 


195.6 


179.0 


188.1 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1920 = 100. 

(2) Adjusted to 1935-39=100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926= 100. 

* An independent series with different weighting and different prices from those included in the "Total Index", 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



WHOLESALE PRICE INDEXES : CANADA AND U.S.A. 

INDEX 1935-39 = 100 MONTHLY INDEX 1935-39-100 



200 
175 
150 
125 





ALL 


COMMODI" 


riES 




us./ 


'^// 










/v 


CANADA 



























1946 1947 1948 1949 1950 




1946 1947 1948 1949 1950 



225 
200 
175 
150 

o" 







FOOD 






US,A 


~A*W 


























"■"■ — CANADA 






B 











1946 



1947 1948 1949 1950 




1946 1947 1948 1949 1950 



! FEBRUARY 1950 



Index 1935-39 = 100 



28 



VIII— COST OF LIVING' 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.5 


128.8 


160.8 


First of Montli 
















1948— Oct. 


205.4 


128.8 


181.0 


121.0 


165.1 


124.4 


159.6 


Nov. 


204.7 


129.0 


181.5 


121.0 


166.0 


124.6 


159.6 


Dec. 


202.0 


129.1 


181.5 


121.7 


166.2 


124.6 


158.9 


1949— Jan. 


202.2 


130.0 


181.9 


121.7 


167.0 


126.6 


159.6 


Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


128.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450 - $2,500, with incomes between $1,000-$!, 600 most common. 



COST OF LIVING INDEXES 



INDEX 1935-39-100 



INDEX 1935-39 = 100 




29 



Millions of Dollars 



FEBRUARY 1950 



IX— RETAIL MERCHANDISE TRADE* 

Dominion Bureau of Statistics 





Grocery 
& Comb- 


Meat 


Country 
General 


Depart- 
ment 


Variety 
Stores 


Motor 
Vehicle 


Garages 
& Filling 


Men's 
Clothing 


Family 
Clothing 


Women's 
Clothing 


Shoe 
Stores 




ination 
Stores 


Stores 


Stores 


Stores 


Dealers 


Stations 


Stores 


Stores 


Stores 


Annual Total 
























1941 


567 


80 


213 


378 


85 


360 


205 


80 


74 


71 


44 


1947 


1,056 


158 


417 


707 


136 


633 


344 


157 


145 


134 


86 


1948 


1,205 


166 


452 


805 


156 


707 


386 


168 


153 


159 


91 


1949 


1,275 


175 


449 


856 


165 


825 


426 


166 


150 


160 


93 


Monthly 
























1948— July 


108.4 


14.1 


42.6 


48.3 


13.0 


61.5 


40.2 


12.3 


11.7 


12.3 


7.7 


Aug. 


99.9 


13.1 


40.7 


54.4 


11.1 


51.9 


38.3 


10.5 


10.3 


10.5 


6.3 


Sept. 


103.1 


14.2 


41.5 


70.7 


12.1 


62.9 


36.3 


13.0 


12.4 


13.5 


7.5 


Oct. 


109.7 


16.3 


43.0 


82.4 


14.3 


65.8 


36.4 


16.0 


16.2 


16.0 


7.9 


Nov. 


102.3 


14.6 


39.2 


89.7 


14.2 


64.5 


33.2 


16.2 


15.2 


14.2 


7.5 


Dec. 


116.5 


17.7 


43.7 


109.7 


27.6 


54.5 


29.5 


22.5 


20.4 


19.7 


12.3 


1949— Jan. 


94.1 


13.4 


28.5 


49.1 


8.8 


43.8 


25.6 


11.3 


9.4 


10.5 


5.3 


Feb. 


92.7 


12.8 


27.3 


50.1 


9.0 


37.9 


22.8 


9.2 


7.7 


9.0 


4.6 


Mar. 


101.9 


13.8 


31.8 


69.1 


10.7 


65.4 


28.5 


13.4 


10.6 


13.1 


6.2 


Apr. 


108.3 


15.4 


36.8 


75.0 


14.0 


81.6 


36.9 


16.2 


15.5 


18.2 


10.4 


May 


103.9 


14.2 


39.6 


72.1 


13.0 


79.8 


37.2 


13.9 


12.6 


14.5 


8.3 


June 


109.6 


14.8 


39.2 


67.3 


13.4 


81.9 


39.3 


15.5 


13.2 


14.5 


9.6 


July 


111.8 


14.1 


41.5 


49.9 


12.9 


89.5 


44.3 


12.2 


11.0 


11.7 


7.1 


Aug. 


104.4 


13.8 


41.1 


57.2 


11.8 


67.0 


43.1 


9.8 


10.0 


10.3 


6.5 


Sept. 


110.2 


14.6 


40.6 


76.2 


13.1 


80.7 


40.1 


12.9 


11.9 


12.6 


7.9 


Oct. 


109.9 


15.9 


42.3 


82.9 


14.4 


75.9 


39.5 


14.5 


14.0 


13.8 


7.5 


Nov. 


105.2 


14.7 


37.7 


93.0 


14.8 


64.6 


36.8 


15.6 


15.0 


13.3 


8.4 


Dec. 


123.3 


17.7 


43.0 


114.5 


29.5 


57.0 


32.4 


21.5 


18.9 


18.8 


11.3 





Hardware 


Lumber& 
Building 


Furniture 


Appliance 
& Radio 
Dealers 


Restau- 


Coal& 
Wood 
Dealers 


Drug 


Jewellery 


Tobacco 


All Other 


Total 

All 
Trades 




Stores 


Material 
Dealers 


Stores 


rants 


Stores 


Stores 


Stores 


Trades 


Annual Total 
























1941 


73 


80 


64 


46 


127 


99 


101 


38 


43 


609 


3,437 


1947 


158 


176 


130 


83 


257 


163 


171 


68 


93 


1,292 


6,563 


1948 


168 


215 


133 


93 


265 


184 


181 


70 


98 


1,422 


7,277 


1949 


173 


224 


135 


100 


274 


179 


187 


74 


101 


1,507 


7,695 


Monthly 
























1948— July 


15.2 


20.8 


11.1 


7.1 


24.9 


13.1 


14.4 


5.0 


7.9 


139.0 


630.3 


Aug. 


13.8 


22.5 


10.5 


6.5 


24.5 


14.5 


14.5 


5.5 


7.8 


13 


599.8 


Sept. 


14.3 


21.6 


10.8 


7.8 


23.9 


17.1 


15.0 


5.4 


8.0 


127.7 


638.5 


Oct. 


16.1 


23.3 


12.7 


9.1 


23.5 


18.0 


15.6 


5.6 


8.4 


125.3 


681.6 


Nov. 


15.3 


20.5 


12.1 


8.6 


21.9 


15.0 


14.6 


5.9 


8.0 


116.7 


650.0 


Dec. 


17.4 


16.9 


12.1 


10.3 


21.4 


17.5 


21.2 


16.4 


11.6 


151.8 


770.5 


1949— Jan. 


10.5 


12.1 


8.8 


7.2 


20.1 


17.9 


14.6 


3.7 


7.6 


90.9 


493.4 


Feb. 


8.8 


11.8 


8.7 


6.4 


18.9 


17.0 


14.3 


3.5 


7.3 


89.6 


469.5 


Mar. 


10.9 


14.1 


10.3 


8.1 


20.8 


15.4 


15.7 


5.0 


8.1 


106.6 


579.5 


Apr. 


15.4 


16.7 


11.9 


8.4 


22.3 


9.2 


15.5 


5.5 


8.4 


131.9 


673.2 


May 


17.2 


22.0 


11.8 


8.1 


22.6 


10.1 


15.0 


5.1 


8.5 


125.5 


654.9 


June 


16.6 


22.3 


11.6 


7.7 


23.8 


11.3 


14.9 


5.5 


8.3 


13S.0 


678.2 


July 


15.0 


20.3 


10.8 


7.8 


26.2 


10.5 


14.5 


5.2 


7:2 


141.7 


665.0 


Aug. 


14.2 


22.3 


10.9 


7.3 


25.9 


13.1 


15.1 


5.8 


SA 


140.4 


644.2 


Sept. 


15.3 


22.9 


11.8 


8.4 


25.4 


19.3 


15.5 


5.6 


s.l 


131.3 


684.7 


Oct. 


16.4 


23.7 


12.9 


9.3 


24.2 


17.9 


15.6 


5.7 


8.9 


131.9 


697.3 


Nov. 


14.6 


20.1 


12.9 


8.9 


21.9 


18.3 


14.8 


6.4 


8.3 


119.3 


664.1 


Dec. 


17.7 


15.5 


13.0 


12.6 


21.5 


18.9 


21.3 


17.3 


11.6 


154.0 


791.4 



* The 1941-47 change in sales of sample stores within each category was applied to the 1941 galea of all stores witliin that category in order to arrhv at 1947 
estimates. Monthly estimates for 1948 and 1949 were obtained by applying the monthly percentage change, of simple store sales, from the same month of the 
previous year, to the estimated total value of retail sales for the corresponding month of the previous year. Estimates have not been adjust, d foi .-nanget in 
number of stores since 1941 . 



FEBRUARY 1950 

IX— RETAIL MERCHANDISE TRADE : PROVINCIAL DISTRIBUTION 

Millions of Dollars Dominion Bureau of Statistics 



30 





Mari- 
times 


Quebec 


Ontario 


Manitoba 


Saskat- 
chewan 


Alberto 


British 
Columbia 


Canada 


Annual Total 


















1941 


283 


819 


1,407 


211 


187 


221 


310 


3,437 


1947 


503 


1,547 


2,592 


401 


402 


455 


664 


6,563 


1948 


542 


1,697 


2,888 


440 


459 


519 


731 


7,277 


1949 


553 


1,747 


3,043 


487 


516 


581 


768 


7,695 


Monthly 


















1948— July 


47.5 


144.4 


248.8 


36.7 


44.9 


45.2 


62.8 


630.3 


Aug. 


45.7 


136.3 


231.6 


35.6 


42.5 


45.9 


62.3 


599.8 


Sept. 


44.8 


146.9 


248.5 


40.7 


47.5 


47.7 


62.5 


638.5 


Oct. 


47.6 


155.7 


265.9 


46.2 


49.4 


51.7 


65.1 


681.6 


Nov. 


47.3 


149.6 


253.0 


43.5 


41.4 


51.0 


64.2 


650.0 


Dec. 


58.7 


177.2 


315.9 


45.8 


40.1 


54.7 


78.0 


770.5 


1949— Jan. 


36.1 


113.8 


200.1 


29.1 


26.6 


37.1 


50.6 


493.4 


Feb. 


33.6 


108.4 


192.3 


28.2 


25.3 


34.2 


47.7 


469.5 


Mar. 


41.0 


131.5 


233.7 


35.4 


33.0 


43.7 


61.1 


579.5 


Apr. 


47.1 


155.8 


260.7 


42.8 


48.6 


51.7 


66.5 


673.2 


May 


48.2 


152.0 


257.4 


39.5 


43.3 


49.4 


65.1 


654.9 


June 


49.5 


156.1 


270.9 


41.4 


45.0 


50.4 


65.1 


678.2 


July 


48.6 


152.8 


256.8 


42.9 


46.8 


49.0 


68.1 


665.0 


Aug. 


46.9 


139.5 


245.9 


40.9 


53.8 


50.8 


66.3 


644.2 


Sept. 


47.7 


153.8 


266.3 


45.8 


52.9 


52.6 


65.6 


684.7 


Oct. 


48.2 


155.0 


269.2 


47.1 


54.9 


55.2 


67.7 


697.3 


Nov. 


46.4 


153.7 


264.4 


44.0 


42.7 


49.8 


63.2 


664.1 


Dec. 


59.7 


174.8 


325.5 


49.6 


43.3 


57.2 


81.3 


791.4 



PERCENT 



VALUE OF RETAIL SALES 

PERCENTAGE CHANGE BY TYPE OF STORE : 1949 OVER 1948 



PERCENT 




20 



15 



10 



PROVINCIAL DISTRIBUTION 

PCRCCNTAGC INCRCASt l«49 OVC« I9«0 



VALUE 

RETAIL PRICE INDEX' 

APPARENT VOLUME 



(1) D.B.S. unadjusted index of Value of Retail Sales. 

(2) D.B.S. Retail Price Index. 

(3) D.B.S. unadjusted index of Value of Retail Sales divided by D.B.S. Retail Price Index. 

(4) Includes Garages and Filling Stations. 



31 



FEBRUARY 1950 



X— AVERAGE HOURLY & WEEKLY EARNINGS & HOURS WORKED IN MANUFACTURING* 

HOURLY-RATED WAGE-EARNERS 

Dominion Bureau of Statistics 





AVERAGE 


HOURLY EARNINGS*" 
Cents 


AVERAGE HOURS WORKED 


AVERAGE 


WEEKLY EARNINGS'" 
Dollars 




All Manu- 


Durable 


Non-Durable 


All Manu- 


Durable 


Non-Durable 


All Manu- 


Durable 


Non-Durable 




factures 


Goods 


Goods 


factures 


Goods 


Goods 


factures 


Goods 


Goods 


Average of months 




















1945 


69.4 


76.8 


60.8 


44.3 


44.7 


43.8 


30.71 


34.30 


26.59 


1946 


70.0 


76.4 


63.8 


42.7 


42.8 


42.6 


29.87 


32.68 


27.18 


1947 


80.3 


87.2 


73.4 


42.5 


42.7 


42.3 


34.16 


37.25 


31.09 


1948 


91.3 


98.4 


84.0 


42.2 


42.3 


42.0 


38.50 


41.67 


35.29 


1949 


98.6 


106.5 


90.6 


42.3 


42.5 


42.0 


41.67 


45.27 


38.09 


1st of Montht 




















1948— Aug. 


92.7 


99.8 


85.6 


42.1 


42.0 


42.1 


39.03 


41.92 


36.04 


Sept. 


93.4 


100.9 


85.8 


41.7 


42.0 


41.5 


38.95 


42.38 


35.61 


Oct. 


94.6 


102.6 


86.6 


43.0 


43.3 


42.7 


40.68 


44.43 


36.98 


Nov. 


95.5 


103.4 


87.6 


43.1 


43.2 


43.1 


41.16 


44.67 


37.76 


Dec. 


96.0 


104.1 


87.7 


43.2 


43.4 


43.1 


41.47 


45.18 


37.80 


1949— Jan. 


97.2 


104.8 


89.3 


40.6 


41.0 


40.2 


39.46 


42.97 


35.90 


Feb. 


97.2 


105.0 


89.3 


42.9 


43.2 


42.7 


41.70 


45.36 


38.13 


Mar. 


97.6 


105.3 


89.6 


43.0 


43.2 


42.7 


41.97 


45.49 


38.26 


Apr. 


98.2 


105.7 


90.3 


42.9 


43.2 


42.6 


42.13 


45.66 


38.47 


May 


98.6 ■ 


106.2 


90.7 


42.5 


42.7 


42.3 


41.91 


45.35 


38.37 


June 


99.1 


106.5 


91.5 


40.8 


41.1 


40.5 


40.43 


43.77 


37.06 


July 


99.1 


106.7 


91.3 


41.8 


42.4 


41.2 


41.42 


45.24 


37.62 


Aug. 


98.8 


106.5 


91.1 


41.9 


42.1 


41.7 


41.40 


44.84 


37.99 


Sept. 


98.4 


106.6 


90.4 


42.4 


42.5 


42.2 


41.72 


45.31 


38.15 


Oct. 


99.3 


107.8 


91.0 


42.7 


43.0 


42.5 


42.40 


46.35 


38.68 


Nov. 


99.5 


108.0 


91.4 


42.8 


42.8 


42.9 


42.59 


46.22 


39.21 


Dec. 


99.9 


108.5 


91.5 


42.9 


43.0 


42.9 


42.86 


46.66 


39.25 



* Covers establishments usually employing not less than 15 persons and includes overtime and part-time workers, 
t As reported for last week of the previous month. 
(1) Gross earnings before deductions for taxes, unemployment insurance, etc. 



INDEXES OF AVERAGE HOURLY AND WEEKLY EARNINGS IN MANUFACTURING 

INDEX DEC 1945=100 ^ INDEX DEC 1945-100 



140 



130 



120 



10 



100 



monthly" 1 



/ 



HOURLY EARNINGS- 



/ 



/ 



,s 



7*^ 



/< 



HOURLY EARNINGS ADJUSTED 
BY COST OF LIVING INDEX 




1 

MONTHLY'" 



WEEKLY EARNINGS- 






J 



s 



1 
.J- 



*v 



140 



130 



120 



WEEKLY EARNINGS ADJUSTED* 2 
-BY COST OF LIVING INDEX 



110 



D M J S 
1946 



M J S D 
1949 




D M J S 
1946 



(1) 1st of month figures for the last week of the previous month. So far as weekly wages are concerned, Jan. 1st figures are affected by loss of working 
time during the holiday season and the average of Dec. 1st and Feb. 1st has been used. (2) Earnings index divided by cost of living index. 



FEBRUARY 1950 



32 









XI— GRAINS : ACREAGE 


: AND 


PRODUCTION : 1941-49 














Dominion Bureau of Statistics 












■ 


WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


OTHER GRAINS 


(2) 
SUMMER 
FALLOW 


Total 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 










TOTAL CANADA 














1941 


314.8 


21.9 


305.6 


12.3 


110.6 


5.3 


11.7 


1.0 


5.8 


1.0 


66.8 


2.1 


23.1 


66.6 


1942 


556.7 


21.6 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.9 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 • 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


416.6 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


318.5 


23.4 


381.6 


14.4 


157.8 


7.4 


5.9 


.5 


7.6 


1.1 


62.6 


2.0 


19.9 


68.5 


1946 


413.7 


24.5 


371.1 


12.1 


148.9 


6.3 


8.8 


.7 


6.4 


.8 


68.6 


1.8 


20.4 


66.6 


1947 


341.8 


24.3 


278.7 


11.0 


141.4 


7.5 


13.2 


1.2 


12.2 


1.6 


46.8 


1.6 


19.4 


66.6 


1948 


393.3 


24.1 


358.8 


11.2 


155.0 


6.5 


25.3 


2.1 


17.7 


1.9 


78.4 


2.0 


20.0 


67.8 


1949f 


367.4 


27.5 


317.9 


11.4 


120.4 


6.0 


10.0 


1.2 


2.3 


.3 


73.1 


2.1 


20.6 


69.1 



MANITOBA 



1941 


51.0 


2.4 


41.7 


1.3 


40.0 


1.5 


2.8 


.2 


1.1 


.2 


3.0 


.1 


2.8 


8.5 


1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


.2 


2.0 


.2 


2.3 


.1 


2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 


.1 


2.3 


8.4 


1944 


50.3 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


.2 


1.9 


.1 


1.8 


8.4 


1945 


38.8 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


— 


2.8 


.3 


1.3 


.1 


2.5 


8.8 


1946 


58.0 


2.5 


50.0 


1.4 


43.0 


1.7 


.3 


- 


3.0 


.3 


.8 


- 


2.6 


8.6 


1947 


42.0 


2.5 


39.0 


1.4 


34.0 


1.9 


.6 


- 


5.2 


.6 


.6 


- 


2.2 


8.6 


1948 


57.0 


2.4 


60.0 


1.5 


45.0 


1.5 


2.0 


.1 


9.0 


1.0 


.7 


- 


2.1 


8.7 


1949| 


57.0 


3.2 


53.0 


1.7 


40.0 


1.7 


.8 


— 


1.1 


.1 


1.0 


- 


2.1 


8.8 



SASKATCHEWAN 



1941 


147.0 


12.2 


72.5 


4.0 


26.7 


1.7 


5.3 


.5 


3.7 


.7 


.5 





13.8 


33.0 


1942 


305.0 


12.4 


255.0 


4.9 


92.0 


2.5 


15.0 


.8 


10.5 


1.1 


2.5 


.1 


11.7 


33.4 


1943 


146.0 


9.6 


200.0 


6.5 


80.0 


3.3 


3.8 


.3 


11.5 


2.1 


1.9 


.1 


12.0 


33.9 


1944 


242.1 


13.2 


198.0 


5.6 


72.0 


2.7 


4.8 


.4 


6.4 


.9 


3.8 


.1 


11.6 


34.6 


1945 


168.1 


13.6 


143.0 


5.7 


54.5 


2.7 


2.6 


.3 


3.8 


.7 


1.4 


.1 


11.7 


34.7 


1946 


208.0 


14.2 


100.0 


4.3 


43.0 


2.3 


4.0 


.4 


2.6 


.5 


.2 


- 


11.8 


33.4 


1947 


173.0 


14.2 


80.0 


4.0 


45.0 


2.8 


6.8 


.7 


4.2 


.7 


.1 


- 


11.5 


33.9 


1948 


191.0 


14.4 


89.0 


3.7 


42.0 


2.3 


10.5 


1.2 


4.7 


.6 


.1 


- 


11.7 


33.9 


1949f 


183.0 


15.7 


85.0 


3.4 


33.0 


1.8 


4.4 


.7 


.7 


.1 


.1 


- 


12.1 


33.8 



ALBERTA 



1941 


98.0 


6.5 


63.8 


2.8 


28.0 


1.5 


1.9 


.2 


.8 


.1 


.9 


.1 


6.5 


17.7 


1942 


171.0 


6.4 


175.0 


3.3 


75.0 


1.9 


4.4 


.2 


2.2 


.2 


2.7 


.1 


5.9 


17.9 


1943 


82.8 


4.8 


129.0 


3.7 


56.0 


2.2 


1.2 


.1 


3.3 


.6 


2.2 


.1 


6.3 


17.8 


1944 


99.3 


6.7 


111.8 


3.2 


51.7 


1.9 


1.7 


.1 


1.2 


.2 


1.6 


.1 


6.0 


18.2 


1945 


87.7 


6.8 


76.0 


3.3 


37.0 


2.0 


1.5 


.1 


.7 


.1 


1.4 


.1 


5.7 


18.2 


1946 


127.0 


7.0 


97.0 


2.8 


48.0 


1.8 


2.9 


.2 


.6 


.1 


.7 


- 


6.0 


17.8 


1947 


105.0 


6.6 


75.0 


2.5 


52.0 


2.4 


4.3 


.3 


2.2 


.3 


.4 


- 


5.8 


17.9 


1948 


115.0 


6.3 


75.0 


2.4 


55.0 


2.2 


9.9 


.6 


3.1 


.2 


1.1 


- 


6.2 


17.9 


1949f 


97.0 


7.6 


52.0 


2.3 


36.0 


2.1 


2.4 


.3 


.3 


— 


.7 


- 


6.4 


18.7 















OTHER PROVINCES 














1941 


18.8 


.7 


127.6 


4.1 


15.9 


.6 


1.7 




A 


— 


62.4 


1.9 


* 


7.5 


1942 


27.7 


.9 


152.0 


4.1 


18.2 


.6 


1.7 




.3 


- 


80.8 


2.0 


* 


7.7 


1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 




.3 


- 


43.4 


1.7 


* 


6.7 


1944 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 




.3 


- 


67.4 


1.8 


* 


7.2 


1945 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 




.3 


- 


58.5 


1.8 


* 


6.8 


1946 


20.7 


.7 


124.1 


3.6 


14.9 


.5 


1.5 




.2 


- 


66.9 


1.7 


* 


6.6 


1947 


21.8 


.9 


84.7 


3.2 


10.4 


.4 


1.6 




.7 


.1 


45.7 


1.6 


* 


6.2 


1948 


30.3 


1.0 


134.8 


3.6 


13.0 


.4 


3.0 




.9 


.1 


76.5 


1.9 


* 


7.3 


1949f 


30.4 


1.1 


127.9 


4.1 


11.4 


.4 


2.5 




.2 


- 


71.3 


2.0 


* 


7.7 



(1) Buckwheat, mixed grains and shelled corn. (2) Prairie Provinces only. * Not available, t Revised estimate. 



33 



FEBRUARY 1950 



Millions of Dollars 



XII— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS* 



3<1>* 









TOTAL EXPORTS (EXCLUDING GOLD) 


TO 












U.K. 


Union 


Other 


Western 


Central 


All 


Total 




U.S A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


and 


Other 


All 








cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Calendar Years 




















1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


94 


83 


115 


307 


127 


163 


3,124 


1949 


1,529 


709 


72 


76 


152 


254 


134 


97 


3,022 


12-Mths. ending 




















Jan. 1950 (6) 


1,545 


700 


71 


74 


143 


246 


134 


93 


3,006 


Monthly 




















1948-Oct. 


148.3 


61.3 


8.5 


8.6 


7.6 


38.7 


11.4 


15.7 


300.1 


Nov. 


161.4 


58.6 


6.6 


10.5 


14.5 


20.2 


9.0 


15.2 


295.9 


Dec. 


149.5 


50.0 


8.3 


6.1 


26.2 


37.6 


16.8 


23.2 


317.6 


1949-Jan. 


117.7 


57.0 


6.6 


4.3 


14.1 


21.8 


8.2 


10.9 


240.5 


Feb. 


108.1 


47.6 


4.5 


2.8 


11.8 


15.7 


9.0 


9.3 


208.8 


Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


15.1 


7.1 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.4 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. (6 > 


133.8 


48.6 


6.1 


3.0 


5.2 


13.1 


7.4 


6.8 


224.0 



Millions of Dollars 



MERCHANDISE IMPORTS '* 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 <6) 


1,952 


306 


106 


4 


77 


83 


193 


39 


2,760 


Monthly 

1948-Oct. 


160.2 


29.2 


13.8 


.2 


7.5 


8.5 


20.5 


3.4 


243.4 


Nov. 


163.5 


28.2 


8.0 


.9 


9.1 


7.7 


16.7 


4.0 


238.1 


Dec. 


159.4 


24.6 


6.9 


.3 


7.9 


12.8 


17.0 


3.1 


231.9 


1949-Jan. 


164.8 


25.3 


5.1 


.2 


5.6 


6.3 


14.3 


2.1 


223.7 


Feb. 


148.8 


22.9 


7.6 


.3 


4.0 


5.5 


13.7 


3.2 


206.0 


Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.9 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. (6) 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



* Commencing April 1, 1949. external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire. India, Pakistan, Burma, Australia, New Zealand, Iceland. 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece, Turkey, and British Sudan. 

(5) Includes Egypt, Spain, Palestine, and also Newfoundland until March 31 
1949. 

(6) Preliminary. 



FEBRUARY 1950 



34 



EXPORTS AND IMPORTS BY COUNTRIES" 



EXPORTS 



IMPORTS 



MILLIONS Of DOLLARS 

1700 



RUNNING 12- MONTH TOTALS 




MILLIONS OF DOLLARS 

2100 



2000 



DMJ SDMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 

* Excluding gold. See footnotes to table on page 33. 




DMJSDMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 



35 


















FEBRUARY 


1950 


■ 
















XIII— MERCHANDISE IMPOR 


















Compiled from "Trade of Cam 


v 


Millions of Dollars 


















(t. 


C 


Calendar 
Years 


Fruits 
and 
Nuts 


Vegetables 


Grains 

and 

Milled 

Products 

(incl. rice) 


Sugar 

and 

Products 


Tea 

and 

Coffee 


Alcoholic 

Beverages 

(1) 


Vegetable 
Oils 
(non- 
edible) 


Rubber 

(incl. syn- 
thetic) 


Furs 


Hides 

and 

Leather 

(unmfd. 

and mfd.) 


Ot 

Vege 

a; 

Ani, 

Prod; 


: 


1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


( 




1932 


21 


5 


6 


17 


10 


17 


5 


4 


4 


6 


i 




1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


t 




1946 


118 


27 


20 


40 


26 


13 


12 


20 


27 


13 


1 




1947 


100 


25 


36 


57 


35 


14 


23 


29 


22 


26 


* 




1948 


91 


8 


31 


72 


42 


16 


19 


32 


25 


19 


I 




1949 


96 


19 


26 


71 


50 


22 


21 


29 


20 


25 


' 




Monthly 

1948— Oct. 


7.4 





1.7 


8.4 


3.4 


1.5 


2.8 


3.5 


2.3 


1.7 


6 




Nov. 


10.7 


.8 


5.3 


6.3 


3.7 


2.2 


.8 


2.4 


1.9 


1.5 


8 




Dec. 


10.2 


.9 


5.1 


5.7 


3.7 


2.6 


.7 


2.8 


2.9 


1.6 


13 




1949— Jan. 


6.5 


1.0 


1.5 


2.1 


4.8 


1.7 


1.5 


3.0 


3.7 


2.0 


6 




Feb. 


5.1 


1.7 


.9 


4.9 


3.2 


1.5 


2.2 


2.9 


3.1 


1.9 


5 




Mar. 


6.5 


2.2 


1.3 


4.1 


3.0 


2.0 


1.9 


3.0 


1.7 


2.5 


Li 




Apr. 


8.0 


2.5 


1.1 


6.1 


4.4 


1.9 


1.4 


2.0 


1.3 


2.8 


5 




May 


7.1 


2.8 


2.0 


7.7 


4.2 


1.4 


1.4 


2.6 


1.1 


2.0 


6 




June 


8.8 


3.3 


1.9 


6.8 


4.2 


1.4 


1.3 


1.7 


1.1 


1.8 


6 




July 


8.9 


1.2 


2.1 


5.7 


3.6 


1.6 


1.3 


1.8 


.6 


1.6 


4 




Aug. 


7.7 


.4 


2.0 


5.7 


3.9 


1.6 


1.5 


2.5 


.6 


2.2 


4 




Sept. 


7.2 


.2 


2.2 


5.1 


4.2 


1.6 


1.5 


1.8 


1.8 


2.4 


7 




Oct. 


10.4 


.9 


3.1 


7.9 


4.5 


1.8 


2.5 


2.7 


1.8 


1.9 


7 




Nov. 


10.5 


1.2 


5.1 


10.7 


5.7 


2.7 


2.4 


2.7 


1.6 


1.7 


7 




Dec. 


9.2 


1.7 


2.6 


4.5 


4.4 


3.1 


1.6 


2.4 


1.2 


1.8 


,"> 






Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs, Ingots 
Blooms 

and 
Billets 


Bars and 

Rods incl. 

Rails 


Sheets, 

Plates. 

Hoop, Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 

and 
Forgings 


Engines, 

Loco- 
motives 
and Boilers 


Farm 
Implements 

and 
Machinery 


Machinery 
(except 

agri- 
cultural) 


Mo 

Vein 
an 


. 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


1 




1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


] 




1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


A 




1946 


93 


6 


1 


8 


38 


8 


7 


29 


68 


130 


k 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


ii 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


u 


1949 


131 


12 


6 


13 


67 


18 


13 


59 


177 


216 


it 


Monthly 

1948— Oct. 


10.8 


1.4 


.6 


1.2 


5.0 


1.2 


.8 


4.3 


12.0 


17.4 


14 


Nov. 


10.6 


2.2 


.4 


1.3 


5.5 


1.5 


.9 


5.2 


11.2 


17.2 


12 


Dec. 


10.3 


.6 


.7 


1.2 


5.6 


1.6 


.6 


3.7 


12.7 


17.8 


10 


1949— Jan. 


10.9 


.2 


.7 


1.4 


6.6 


1.3 


1.0 


6.5 


13.7 


18.8 


11 


Feb. 


9.6 


- 


.9 


1.5 


6.2 


1.5 


1.1 


4.6 


13.8 


16.3 


12 


Mar. 


10.5 


- 


1.2 


1.6 


7.9 


1.6 


1.3 


5.9 


17.2 


20.7 


14 


Apr. 


11.1 


.2 


1.5 


1.9 


8.1 


1.8 


1.3 


4.9 


18.2 


20.4 


14 


May 


10.6 


1.5 


1.0 


1.4 


6.8 


2.9 


1.4 


A.L 


17.5 


20.3 


15 


June 


10.8 


2.0 


.3 


1.4 


6.9 


2.7 


1.2 


6.0 


17.1 


19.3 


14 


July 


9.9 


3.2 


.4 


.9 


5.2 


1.2 


1.1 


4.9 


15.9 


IS. 2 


16 


Aug. 


9.5 


1.9 


- 


.7 


5.3 


1.3 


.8 


4.S 


14.1 


14.1 


13 




Sept. 


10.6 


.7 


.1 


.8 


5.2 


1.6 


.7 


4.1 


14.1 


16.6 


13 




Oct. 


12.2 


1.8 


.1 


.5 


2.9 


.7 


.7 


4.2 


12.2 


17.7 


14 




Nov. 


13.1 


.2 


.3 


.4 


1.9 


.5 


1.1 


3.9 


12.6 


17.4 


13 




Dec. 


11.8 


.3 


.1 


.5 


3.9 


1.2 


.8 


4.3 


10.6 


Hi. 7 


12 





(1) Before 1935 import totals are substantially over-valued owing to inclusion of U.K. excise taxes on spirits imported from that country, 
in Council (9213) and the item "Canadian Goods Returned" (9195) are excluded. 



tlmports frolfc 



FEBRUARY 1950 




















11MODITY CLASSIFICATION 
















V iton Bureau of Statistics 




















Id) 


















Millions of Dollars 


Cotton 


Silk 

(raw and 

mfd.) 


Wool 


Artificial 
Silk 


Flax. Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




1 

nd 
d. 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


3 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


8 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


1 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


5 


75 


4 


30 


35 


22 


23 


31 


19 


31 


20 


1946 


1 


119 


7 


30 


54 


34 


38 


46 


23 


32 


35 


1947 


7 


78 


4 


48 


67 


30 


27 


39 


17 


31 


25 


1948 


7 


73 


6 


37 


63 


30 


20 


37 


20 


36 


30 


1949 


1 


7.7 


.4 


3.7 


5.4 


2.7 


2.6 


4.0 


1.5 


3.0 


1.9 


Monthly 

Oct.— 1948 


6 


7.6 


.3 


3.1 


6.0 


3.1 


2.8 


3.2 


1.5 


2.9 


1.9 


Nov. 





6.2 


.3 


3.3 


5.2 


2.7 


1.8 


2.7 


1.4 


2.6 


2.4 


Dec. 


5 


8.9 


.6 


2.3 


6.2 


3.7 


2.6 


3.2 


1.6 


2.5 


2.1 


Jan. — 1949 


9 


8.0 


.5 


2.5 


6.2 


3.6 


.9 


2.7 


1.6 


2.5 


2.4 


Feb. 


2 


7.6 


.4 


4.0 


6.9 


3.5 


1.7 


2.9 


1.8 


2.9 


2.6 


Mar. 





8.3 


.4 


3.6 


6.7 


3.6 


1.9 


3.1 


1.7 


2.9 


2.7 


Apr. 





7.2 


.4 


4.9 


6.1 


2.9 


1.7 


3.3 


1.7 


2.6 


2.6 


May 





8.3 


.4 


4.1 


5.1 


3.1 


1.5 


2.9 


1.7 


2.7 


3.0 


June 





5.2 


.5 


3.2 


6.0 


2.1 


1.7 


3.2 


1.5 


2.6 


2.3 


July 


8 


3.6 


.4 


3.1 


5.7 


1.5 


1.4 


3.2 


1.5 


3.0 


2.5 


Aug. 


2 


3.3 


.4 


2.0 


4.2 


1.4 


1.7 


2.9 


1.6 


3.7 


2.7 


Sept. 





4.2 


.5 


3.0 


3.2 


1.6 


1.9 


3.1 


2.0 


3.7 


2.5 


Oct. 


6 


4.5 


.5 


2.3 


3.5 


1.7 


1.9 


3.4 


1.8 


3.8 


2.7 


Nov. 





4.2 


.5 


2.5 


2.8 


1.4 


1.1 


3.0 


1.6 


3.2 


2.1 


Dec. 



36 



er 
n 
d 
el 


Bauxite 
Ore 


Tin 

and 

Products 


Electrical 
Apparatus 


Other 

Non-ferrous 

Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


All 

Other 

Imports 


Totalt 
Imports 


Calendar 
Years 





3 


3 


37 


48 


64 


77 


11 


35 


75 


1,299 


1929 


4 


2 


1 


8 


11 


35 


43 


5 


13 


33 


453 


1932 


3 


4 


3 


1.6 


25 


42 


59 


9 


27 


48 


809 


1937 


9 


9 


6 


48 


58 


133 


123 


23 


53 


119 


1,864 


1946 


7 


9 


7 


69 


77 


154 


207 


29 


63 


159 


2,570 


1947 


8 


10 


8 


62 


76 


206 


301 


26 


73 


115 


2,636 


1948 


3 


10 


8 


70 


87 


157 


274 


25 


79 


157 


2,760 


1949 


3 


1.2 


1.4 


4.7 


7.4 


21.3 


31.7 


2.2 


7.5 


9.7 


243.4 


Monthly 

Oct.— 1948 


9 


1.0 


.2 


5.1 


8.7 


19.3 


20.6 


2.4 


6.9 


10.2 


238.1 


Nov. 





.4 


1.6 


5.2 


6.9 


16.7 


21.7 


1.9 


5.8 


9.9 


231.9 


Dec. 


6 


.3 


.3 


5.5 


6.7 


13.6 


19.8 


1.9 


4.9 


10.5 


223.7 


Jan. — 1949 


4 


.2 


2.2 


5.4 


6.5 


10.9 


15.9 


1.9 


5.0 


9.5 


206.0 


Feb. 


7 


.1 


1.3 


5.8 


8.3 


12.7 


16.8 


2.0 


5.7 


12.0 


235.9 


Mar. 


3 


.4 


.4 


6.4 


8.6 


13.2 


16.6 


2.3 


6.1 


13.7 


242.7 


Apr. 


5 


.6 


.2 


5.7 


7.5 


12.6 


26.4 


2.1 


8.0 


13.9 


250.5 


May 


7 


1.4 


.4 


5.5 


6.9 


15.9 


24.6 


2.1 


7.5 


14.9 


250.5 


June 


2 


1.1 


.4 


4.8 


5.2 


13.5 


28.3 


1.9 


6.7 


13.9 


230.8 


July 


3 


1.3 


1.1 


5.4 


5.8 


11.5 


23.6 


2.0 


7.4 


14 5 


211.4 


Aug. 


4 


1.5 


.2 


5.3 


5.6 


14.4 


27.2 


2.1 


7.6 


14 5 


221.4 


Sept. 


8 


1.4 


.3 


7.5 


8.0 


12.1 


25.2 


2.4 


7.8 


14 1 


234.2 


Oct. 


6 


1.5 


.6 


6.8 


9.7 


13.9 


23.0 


2.8 


7.5 


14.0 


239.5 


Nov. 


4 


.2 


.4 


5.8 


8.3 


12.5 


26.4 


2.0 


5.0 


11.0 


213.3 


Dec. 



Kingdom do not include articles imported for the use of the armed forces of the United Kingdom. In the years 1946 and 1947 articles free under Order 



TATISTICAL SUMMARY 

ANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 37-38 

Chartered Banks: Canadian Deposits, Loans and Government of 

Canada and Provincial Securities 37 

Chartered Banks: Canadian Savings and Current Deposits ... 38 
II Chartered Banks: 

Liabilities and Assets 39-40 

III Money Supply and Related Bank Assets 39-40 

IV Security Prices: 

Government Securities Payable in Canada only 41 

Yields of Government of Canada Bonds, Payable in Canada only . 41 

Government Securities, Canada, U.K. and U.S.A 42 

Yields of Government Bonds, Canada U.K. and U.S.A. ... 42 

V Government Bond Yields : Canada, U.K. and U.S.A 43 

VI Official Holdings of Gold and United States Dollars 43 

VII Business Activity 44 

Retail Consumer Credit 44 

VIII Public Finance: Government of Canada : 

Cash Requirements 45 

Sources of Financing 46 

Distribution of Total Tax Collections 47 

Percentage Distribution of Total Tax Collections 47 

IX Wholesale Prices 48 

X Cost of Living 48 

XI Construction of Dwelling Units in Canada 49 

Dwelling Units Constructed: Provincial Distribution .... 49 

XII Cash Income from the Sale of Farm Products 50 

Cash Income from the Sale of Farm Products 50 

XIII Merchandise Exports: Commodity Classification 51-52 

XIV Exports and Imports by Countries 53 

XV U.S.A. Statistics: 

Employment, Production, Construction, Inventories, Income and Prices 54 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



MARCH 1950 



37 



















MARC1- 


I 1950 1 




Millions of Dollars 


















i— baJi 










LIABILITIES 










Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits'" 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


Tot 

Liabil 

Ol 

Ass« 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


1 


Average of 






















Month-end Figures 






















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


29 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


37 


1 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


44 


: 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,48 




1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,84 




1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,89 




1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,91: 




1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,97 




1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,10: 




End of 






















1948— Sept. 


172.2 


550.9 


723.1 


87.3 


78.2 


.2 


1,095.5 


44.6 


2.02 




Oct. 


160.4 


581.0 


741.4 


110.0 


72.2 


1.0 


1,114.7 


40.3 


2,07' 




Nov. 


190.2 


579.6 


769.8 


86.5 


64.1 


.1 


1,083.3 


59.2 


2,06 




Dec. 


190.8 


547.3 


738.1 


98.1 


81.0 


.4 


1,098.3 


42.7 


2,05. 




1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


- 


1,047.0 


42.5 


2,04. 




Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,03" 




1949— Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2,21 




Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2,19 




Nov. 


201.6 


544.7 


746.3 


27.2 


84.1 


71.6 


1,081.4 


45.1 


2,05: 




Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2,12 




1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2,15< 




Feb. 


179.5 


554.8 


734.4 


24.3 


170.4 


82.2 


1,071.1 


21.9 


2,111 





(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. +May 194 I 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the F. : 



CHARTERED BANKS : CANADIAN DEPOSITS, LOANS AND GOVT. OF CANADA 

AND PROVINCIAL SECURITIES 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



7000 



5000 



3000 



1000 




7000 



5000 



3000 



1000 



1946 



1948 



1949 



1950 



MARCH 1950 



38 



CAN 


ADA 


















Millions of Dollars 


ASSETS 














Securities 














Silver 


Foreign (1) 
Currencies 












Advances 


All 

Other 

Accounts 




>!d 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 

Securities 


Total 






Under 2 yrs. 


Over 2 yrs. 
























Average of 




« 


















Month-end Figures 


L.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


>.o 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


).S 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


r 




• 


• 


• 






• 










- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 




- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 




- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 




- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 




- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 




- 


.3 


1,216.3 


757.2 


25.0 


- 


1,998.5 


- 


30.2 


Sept.— 1948 




- 


1.1 


1,279.6 


741.3 


25.0 


- 


2,045.9 


- 


32.6 


Oct. 




- 


.1 


1,222.1 


794.0 


25.0 


- 


2,041.1 


- 


21.7 


Nov. 




- 


.5 


1,233.7 


779.1 


25.0 


- 


2,037.7 


- 


20.4 


Dec. 




— 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 




- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 




- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept.— 1949 




- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


- 


49.7 


Oct. 




- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov. 




- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec. 




- 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


- 


42.6 


Jan. — 1950 




— 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


— 


25.7 


Feb. 



■nt figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
•e Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS : CANADIAN SAVINGS AND CURRENT DEPOSITS 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



4500 



4000 



3500 



3000 



2500 




4500 



4000 



3500 



3000 



2500 



1946 1947 

(1) All Canadian Deposits other than Public Savings Accounts 



1949 



1950 



39 



MARCH 1950 

























II— CHAIpi 


Millions of Dollars 






















Saifaf. 




LIABILITIES 


— 1 1 L. — ■ 




Notes 


Deposits 


Cash 
in ») 


Securities 










Govt, of 


Canadian 




Total 


Govt, of 


Canada 


Foreign 
Govt. 


J 








Demand 


Notice 


Canada 


Deposits 
(i) 


Foreign 


Deposits 

(2) 




and Prc 


VINCIAL 


Ot 1 










and Prov. 






Under2yrs. 


Over 2 yrs. 


__. 


Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


2 1 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


44 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


54 


1949* 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


5 4 


1948-Sept. 


17 


2,360 


4,049 


368 


6,830 


823 


7,752 


723 


952 


2,430 


256 


5 4 


Oct. 


17 


2,341 


4,040 


417 


6,842 


804 


7,745 


741 


894 


2,466 


246 


5 4 


Nov. 


16 


2,534 


4,086 


401 


7,090 


819 


8,005 


770 


927 


2,460 


242 


5 4 


Dec. 


16 


2,544 


4,057 


426 


7,099 


811 


8,002 


738 


922 


2,513 


242 


5 4 


1949-Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 


5 4 


Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 


5 4 


1949-Sept.* 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


5 4 


Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


818 


997 


2,530 


247 


5 <S 


Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 


5 4 


Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 


5 4 


1950-Jan. 


1(6) 


2,406 


4,494 


296 


7,287 


744 


8,125 


731 


1,023 


2,544 


251 


:. 4 


Feb. 


- 


2,391 


4,537 


349 


7,350 


728 


8,191 


734 


1,049 


2,540 


252 


] 


1 



*As from April 1, 1949. statistics of Newfoundland Branches of Chartered Banks are included as Canada. (1) Estimated month-end deposits payable in Ca m 
after that date; Bank of Canada Notes and Deposits. (4) Figures given are annual averages of estimated month-end Canadian deposits in 1926-35 and mK 
1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in January; liability for outstanding notes issued loft 



Millions of Dollars 



MONEY SUPPLY 



III— MONEY SUPPLY \f 

Ba\ 





Currency 


Bank Deposits 






Outside Banks 


Chartered Banks 


Bank of 
Canada 
"Other" 
Deposits 
m 


Total 


Moncl 

' 




Notes"' 


Coin«> 


Total 


Demand 13 ' 


Active 
Notice"' 


Other'*' 
excl. Govt. 
of Canada 


Total 


Deduct 
Floats 


Net 
Total 


Suppll 


As at Dec. 31 

1938 
1940 

1945 
1946 
1947 
1948 
1949* 

End of 

1948-Sept. 

Oct. 

Nov. 

Dec. 
1949-Jan. 

Feb. 
1949-Sept* 

Oct. 

Nov. 

Dec. 
1950-Jan. 

Feb. 


207 
341 

992 
1,031 
1,046 
1,115 
1,110 

1,112 
1,131 
1,100 
1,115 
1,063 
1,070 
1,139 
1,114 
1,095 
1,110 
1,059 
1,071 


31 
38 

63 
65 
66 
70 

74 

68 
70 
69 
70 
68 
69 
72 
73 
73 
74 
72 
72 


238 
379 

1,055 
1,096 
1,112 
1,185 
1,184 

1,180 
1,201 
1,169 
1,185 
1,131 
1,139 
1,211 
1,187 
1,168 
1,184 
1,131 
1,143 


734 
1,031 

2,063 
2,291 
2,296 
2,544 
2,426 

2,360 
2,341 
2,534 
2,544 
2,337 
2,289 
2,504 
2,519 
2,4S5 
2,426 
2,406 
2,391 


187 
203 

474 
614 
597 
649 

682 

645 
647 
651 
649 
634 
640 
681 
683 
683 
682 
692 
699 


42 
112 

172 
229 
233 
276 
338 

267 
239 
271 
276 
266 
260 
305 
325 
312 
338 
318 
330 


963 
1,346 

2,709 
3,134 
3,126 
3,469 
3,446 

3,272 
3,227 
3,456 
3,469 
3,237 
3.1S9 
3,490 
3,527 
3,4S0 
3,446 
3,416 
3,120 


116 

172 

280 
328 
362 
400 
335 

377 
292 
362 
400 
293 
317 
396 
414 
356 
335 
307 
326 


847 
1,174 

2,429 
2,806 
2.764 
3,069 
3,111 

2,895 
2,935 
3,094 
3,009 
2,944 
2,872 
3,094 
3,113 
3,124 
3,111 
3,109 
3,094 


3 

10 

30 
94 
68 
81 

127 

7S 

72 

64 

SI 

^7 

80 

64 

77 

84 

127 

146 

176 


850 
1,184 

2,459 
2,900 
2,832 
3,150 
3,238 

2,973 
3,007 
3,158 
3,150 
3,031 
2,952 
3,158 
3,190 
3,208 
3,238 
3.255 
3,270 


l,08f 
1,562 

3,514 
3,996 
3,944 
4,335 
4,422 

4,153 
4,206 
4,327 
4,335 
4,162 
4,091 
4,369 
4,377 
4,37fi 
4.422 
4.386 
4.413 


* See note (*) above (5) Chartered banks' Canadian dollar deposits of provincial governmer, 

(1) Note Circulation of Bank of Canada and chartered banks, excluding Canadian. United Kingdom, and foreign banks. 

notes held by chartered banks. (6) Cheques on banks as shown in chartered bank month-end returns 

(2) Subsidiary coin issued by the Mint less coin held by Bank of Canada the Minister of Finance. 

and chartered banks in Canada (7; Bank of Canada Other Deposits is shown Oi published momh-ei 

(3) Chartered banks' puhlic demand deposits in Canada. statements — I.e. excluding Government ; ban 

(4) Chartered banks' public notice deposits in Canada other than estimated and foreign deposits. 

aggregate quarterly minimum balances in personal savings accounts (8) Bank of Canada i^old and foreign exchange holdings less the amount 
and non-personal notice deposits. foreign currency deposit liabilities. 



MARCH 1950 



40 



BANKS 



Millions of Dollars 



SSETS 




Loans 


Total 

Assets 




CANADA 


ABROAD 


al 


Call 


Current 

Public 


Current 
Other 


Call 


Current 


J9 


267 


1,343 


112 


301 


248 


3,528 


96 


117 


1,032 


165 


84 


172 


2,869 


26 


107 


732 


117 


68 


165 


3,317 


)8 


104 


1,693 


54 


76 


198 


7,811 


20 


81 


1,923 


75 


74 


234 


8,140 


70 


97 


2,112 


105 


83 


220 


8,658 


35 


76 


1,931 


93 


70 


244 


8,323 


56 


97 


2,011 


99 


71 


241 


8,324 


12 


96 


2,129 


72 


80 


250 


8,579 


>8 


101 


2,077 


71 


78 


240 


8,580 


LI 


90 


2,054 


77 


73 


244 


8,458 


12 


108 


2,033 


86 


79 


247 


8,466 


53 


103 


2,184 


120 


97 


214 


8,979 


57 


137 


2,213 


124 


77 


214 


8,943 


)5 


119 


2,250 


106 


91 


212 


8,873 


15 


133 


2,174 


97 


70 


211 


8,718 


55 


100 


2,164 


100 


76 


210 


8,664 


n 


84 


2,182 


117 


75 


215 


8,717 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




Canada 


Deposits 
(«) 


Canadian 
Deposits 


Note <s) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949* 


717 


6,582 


10.9 


1,081 


Sept.-1948 


735 


6,805 


10.8 


1,107 


Oct. 


755 


6,940 


10.9 


1,099 


Nov. 


723 


6,966 


10.4 


1,105 


Dec. 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


771 


7,312 


10.5 


1,100 


Sept.*1949 


772 


7,442 


10.4 


1,111 


Oct. 


752 


7,443 


10.1 


1,099 


Nov. 


729 


7,344 


9.9 


1,109 


Dec. 


750 


7,247 


10.3 


1,064 


Jan. -1950 


722 


7,190 


10.0 


1,060 


Feb. 



y. (2) Includes inter-bank deposits. (3) Until March 1935; Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; 
Canadian deposits in 1936 and after. (S) Bank of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 
l Canada transferred to Bank of Canada during January 19S0. 



ATED BANK ASSETS 







RELATED BANK OF CANADA AND CHARTERED 1 


BANKS ASSETS 


Millions of Dollars 




Government of Canada Securities, Gold and 


Exchange 


All other 
Loans 
and 
Invest- 
ments 


Deduct 
Inactive 

Notice 
Deposits 

(14) 


Total 




Bank of«> 

Canada 

Gold and 


Banking"' 
Securities 


Other Govt. Securities 


Total 


Deduct 

Govt. 

Deposits 


Net 
Total 


Related 
Bank 
Assets 




Bonds'"" 


Victory" 11 
Loan 


Total 




Exchange 






Advances 






(12) 




(13) 






at Dec. 31 
























1938 


214 


196 


753 


- 


753 


1,163 


79 


1,084 


1,628 


1,472 


1,240 


1940 


38 


743 


737 


- 


737 


1,518 


32 


1,486 


1,720 


1,438 


1,768 


1945 


- 


1,696 


3,241 


411 


3,652 


5,348 


1,002 


4,346 


1,827 


2,391 


3,782 


1946 


- 


1,476 


3,745 


- 


3,745 


5,221 


366 


4,855 


2,297 


2,856 


4,296 


1947 


- 


811 


3,718 


- 


3,718 


4,529 


272 


4,257 


3,084 


3,143 


4,198 


1948 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


1949* 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


18-Sept. 


- 


1,142 


3,747 


- 


3,747 


4,889 


241 


4,648 


3,138 


3,403 


4,383 


Oct. 


- 


1,125 


3,801 


- 


3,801 


4,926 


331 


4,595 


3,236 


3,393 


4,438 


Nov. 


- 


1,145 


3,788 


- 


3,788 


4,933 


286 


4,647 


3,375 


3,435 


4,587 


Dec. 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


L9-Jan. 


- 


1,094 


3,919 


- 


3,919 


5,013 


420 


4,593 


3,302 


3,484 


4,411 


Feb. 


- 


1,099 


3,944 


- 


3,944 


5,043 


487 


4,556 


3,286 


3,520 


4,322 


19-Sept.* 


- 


942 


4,353 


- 


4,353 


5,295 


493 


4,802 


3,400 


3,730 


4,472 


Oct. 


- 


1,039 


4,106 


- 


4,106 


5,145 


309 


4,836 


3,480 


3,770 


4,546 


Nov. 


- 


1,110 


3,982 


- 


3,982 


5,092 


270 


4,822 


3,490 


3,764 


4,548 


Dec. 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


)0-Jan. 


- 


1,128 


4,021 


- 


4,021 


5,149 


163 


4,986 


3,359 


3,802 


4,543 


Feb. 


- 


1,147 


3,995 


- 


3,995 


5,142 


116 


5,026 


3,381 


3,838 


4,569 



Bank of Canada and Chartered bank holdings of Government of Canada 
Treasury Bills, Deposit Certificates, Treasury notes and any other 
short term issues sold direct to Bank of Canada and chartered banks. 
Bank of Canada and chartered bank holdings of Government of Canada 
direct and guaranteed securities other than those shown as banking 
issues and exclusive of any temporary advances in connection with 
purchase of Victory Loan issues. 

Chartered banks' temporary advances to the public in connection 
with the purchase of Victory Loan bonds at time of issue. 



(12) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered banks' 
holdings of provincial, municipal and "other" securities, and Bank of 
Canada holdings of Industrial Development Bank capital stock. 

(14) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits 
in Canada. 



41 



MARCH 195C 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


loth of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 

1949— Mar. 


99.88 


3.00 


2.88 


2.65 


2.27 


1.68 


Apr. 


99.88 


3.00 


2.88 


2.65 


2.28 


1.68 


May 


100.14 


2.99 


2.88 


2.67 


2.28 


1.68 


June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 • 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for Jsl and 15th of each month 




1936 1937 1938 1939 1940 (941 r942 1943 1944 1945 1946 1947 



1949 mo 



(1) Prior to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of 
month. (3) Mar. IS. 



MARCH 1950 



42 









IV— SECURITY 


PRICES 
















Bank of Canada 










Government Bonds 


3 Month Treasury Bills 






Average of E 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada (,) 


U. 


K.«> 


U.S A.< 3 > 
























U K. 


USA. 




Price 


Yield 


Price 


Yield 


Price 


Yield 








Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


1948— Dec. 


100.75 


2.93 


103.42 


2.62 


101.34 


2.39 


.412 


.518 


1.153 


1949— Jan. 


100.72 


2.93 


103.55 


2.60 


101.60 


2.37 


All 


.519 


1.160 


Feb. 


100.77 


2.93 


103.58 


2.60 


101.92 


2.35 


.415 


.524 


1.163 


Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 


Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


. Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.525 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. 15, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treasury 2\4% due Dec. 15. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. U.K. & U.S.A. 

Daily Opening Quotations 



2 0% 



2 0% 



22% 




* Security is not eligible for commercial banks before Dec. 1, 1952. 



43 



MARCH 1950 



V— GOVERNMENT BOND YIELDS* 

Bank of Canada 



1948 



Jan. 1st Mar. 31st June 30th Sept. 30th Dec. 31st 



1949 



Mar. 31st June 30th Sept. 30th Dec. 31st 



1950 



Mar. 31st 









Government of 


Canada 












INTERNAL ISSUES 






















1 3 A% due Nov. 1, 1951 


- 


- 


- 


- 


1.73 


1.73 


1.70 


1.65 


1.75 


1.75 


3% due Nov. 1, 1953/56... 


2.07 


2.52 


2.45 


2.42 


2.34 


2.37 


2.39 


2.36 


2.34 


2.35 


3% due June 1, 1957/60.. . 


2.43 


2.92 


2.81 


2.85 


2.78 


2.71 


2.70 


2.62 


2.59 


2.63 


3% due Sept. 1, 1961/66.. . 


2.60 


2.98 


2.94 


2.98 


2.93 


2.93 


2.91 


2.74 


2.72 


2.77 


NEW YORK ISSUES 






















3H% due Jan. 15, 1956/61. . . 


2.74 


2.68 


2.69 


2.71 


2.51 


2.22 


2.22 


2.31 


1.97 


2.01 


2%% due Sept. 1, 1974 (1 \... 


- 


- 


- 


- 


- 


- 


- 


2.73 


2.64 


2.61 


4V 2 % due July 1, 1957* 


3.01 


2.97 


2.82 


2.87 


2.68 


2.46 


2.54 


2.53 


2.24 


2.17 



United States Government 



2% due Sept.15, 1951/53. . . 


1.60 


1.58 


1.47 


1.62 


1.52 


1.44 


1.26 


1.15 


1.20 


1.25 


2V 2 % due Mar.15, 1956/58. . . 


2.13 


2.01 


1.98 


2.04 


1.93 


1.77 


1.59 


1.51 


1.46 


1.54 


2Y 2 % due Dec. 15, 1963/68. . . 


2.41 


2.40 


2.40 


2.41 


2.37 


2.33 


2.25 


2.13 


2.08 


2.19 


2Y 2 % due Dec. 15, 1967/72. . . 


2.48 


2.48 


2.48 


2.48 


2.47 


2.43 


2.38 


2.30 


2.24 


2.35 







United Kingdom Government 










2K%dueFeb. 15, 1955 (1) ... . 

3% due Oct. 15, 1955/59.. . 
2^% due May 1, 1964/67... 

3% due Aug. 15, 1965/75... 


2.80 
2.86 
2.98 


2.53 
2.88 
3.03 


2.38 
2.81 
3.03 


2.34 
2.74 
2.96 


2.18 
2.61 
2.86. 


2.15 
2.57 
2.86 


2.65 
2.86 
3.11 


2.55 
3.02 
3.37 


2.49 
3.07 
3.39 


2.23 
2.54 
3.10 
3.44 



t Based on approximate market bid side. 



(1) New issue. 



* Canadian National Railways (Guaranteed by Canada). 



Millions of U.S. Dollars 



VI— OFFICIAL HOLDINGS OF GOLD AND U.S. DOLLARS* 

Department of Finance 





Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1948 


Gold 

U.S. Dollars 


296.0 
215.0 


305.3 
222.2 


313.5 
294.0 


322.7 
345.7 


331.2 
362.9 


340.4 
401.5 


350.7 
418.0 


359.9 
454.3 


370.9 
484.0 


380.1 
512.1 


388.9 
579.3 


401.3 
596.5 


Total 


511.0 


527.5 


607.5 


668.4 


694.1 


741.9 


768.7 


814.2 


854.9 


892.2 


968.2 


997.8 


1949 


Gold 

U.S. Dollars 


407.2 
614.7 


406.6 
637.3 


408.1 
659.1 


397.7 
593.5 


409.7 
567.5 


419.3 
557.6 


427.2 
545.9 

973.1 


439.7 

547.4 


450.2 
535.1 


461.7 

545.7 


475.4 
593.0 


486.4 

630.7 


Total 


1,021.9 


1,043.9 


1,067.2 


991.2 


977.2 


976.9 


987.1 


985.3 


1,007.4 


1,068.4 


1,117.1 


1950 


Gold 

U.S. Dollars 


500.3 
649.1 


500.7 
675.2 


502.3 

689.9 




















Total 


1,149.4 


1,175.9 


1,192.2 





















* Gold and United States Dollars held by the Exchange Fund Account and United States Dollars held by Other Government of Canada Accounts; not including 
any part of an amount of $98.8 millions in U. S. Funds borrowed in the United States in August 1949 by the Government of Canada and set aside for the purpose 
of retiring an equal amount of certain securities payable in U.S. dollars in following months. 



MARCH 1950 



44 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 
Payrolls 














Index 










News- 


Central 


struction 


Loadings 


Department 


(i) 


(» 




Gold 


Nickel 


Steel 


Print 
<i) 


Electric 
Stations* 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




of Dollars 


1941 = 100 


1941 = 100 


Annual Totals* 41 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.4 


12-mths. ending 






















Feb. 1950 


4,158* 


125* 


3,191 


5,165 


42,789 


459 


3,871 


857 


128.2 


215.0 


Monthly 






















1948— Sept. 


295.0 


9.9 


257.9 


40S.8 


3,363 


34.1 


378 


70.7 


132.2 


209.3 


Oct. 


307.0 


10.3 


281.9 


435.3 


3,538 


32.1 


388 


82.4 


133.1 


215.7 


Nov. 


311.4 


12.8 


278.0 


432.1 


3,388 


29.8 


370 


89.7 


133.3 


218.0 


Dec. 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Tan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.0 


124.8 


207.6 


1949— Sept. 


363.8 


9.5 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


365.8 


10.7 


258.9 


435.7 


3,628 


44.7 


370 


82.9 


132.4 


223.8 


Nov. 


361.7 


9.7 


259.7 


436.8 


3,636 


31.3 


352 


93.0 


132.3 


224.8 


Dec. 


373.1 


10.7 


263.9 


414.9 


3,747 


28.5 


301 


114.5 


132.2 


224.7 


1950— Jan. 


354.8 


10.2 


289.9 


417.0 


3,774 


24.0 


271 


49.8 


127.0 


208.9 


Feb. 






258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.7 


209.0 



(I) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less export3 and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Jan. 1950. 



RETAIL CONSUMER CREDIT 



INOCX 1041 IOO 



POINTS IN TOTAL INDEX 

QUARTERS 



PERCENTAGE COMPOSITION 

QUARTERS 




250 
200 

150 

100 

50 



ii in 

1949 

BY TYPE OF STORE: CASH AND CREDIT SALES 

'•■«' = ioo THIRD QUARTER OF 1949 



IV 




CASH SALES 
CREDIT SALES 

^ — 



n 



2 



3 



F~l 



a. 


o 


a. 


i 


_, 


Ft" 


u 


fJ.L, 

-cc- 
:3^ 


;cr.- 
:o.. 


3 

•a.; 






:>: 

:-i: 
:_i. 


:>: 
Joe: 


-L.; 


■a: 


o- 


;<; 




•u- 


:o: 




><■ 


:u.' 


f«: 




* 


-I-- 






















^5 







II III 

1948 1949 

BY TYPE OF STORE : PERCENTAGE CHANGE 

3rd QUARTER 1949 OVER 3«o QUARTER 1948 "' 




45 



MARCH 1950 



Millions of Dollars 



VIII— GOVERNMENT OF CANADA : CASH REQUIREMENTS 

Department of Finance and Bank of Canada 



Fiscal Year Ending March 31,- 



1944 



1945 



1946 



1947 



1948 I 1949 



1950 1951 



Budgetary Expenditure 

Dept. of National Defence 

War Service Gratuities and Reestablishment Credits 

Other Dept. of Veterans Affairs 

Mutual Aid and Relief 

Other War and Demobilization Expenditure 

Interest on Public Debt 2 

Cost of Loan Flotations and Amortization of Discount. . . 

Premium, Discount and Exchange 

Statutory Subsidies and Special Grants to Provinces 

Payments to Provinces under Tax Agreements 

Other Dept. of Finance 

Family Allowance Payments 

Old Age & Blind Pensions Subventions to Provinces 

General Health Grants 

Other Dept. of National Health and Welfare 

Unemployment Insurance — Administration 

" — Govt. Contributions 

Government Annuities — Payments to maintain reserve . . 
Other Dept. of Labour 

Dept. of Agriculture 

Dept. of Mines and Resources 

Dept. of Resources and Development 

Dept. of Mines and Technical Surveys 

Dept. of Citizenship and Immigration 

Dept. of Public Works 

Depl. of Transport 

Dept. of Trade and Commerce 

Dept. of National Revenue 

Dept. of Post Office 

Other Ordinary Expenditure 

Special Expenditure (mainly re Agriculture) 

Other Government Owned Enterprises 

Capital Expenditure 

C.N.R. and T.C.A. Deficits 

Provision for Possible Losses on Active Assets* 

Other Write-offs and Charges* 

Non-Cash Items per Contra* 4 

Assumption of Newfoundland Debt.* 

Total Budgetary Expenditure 

Loans and Investments 

1942 Loan to U. K. Government 

Other Wartime Loans to Allied Governments 

Loans to Foreign Exchange Control Board 

Post-war Loan to U. K. Government 

Other Post- War Loans to Foreign Governments 

Wartime Loans to Railways and Govt. Corporations 

Loans to C.N.R 

Soldiers Settlement and Veterans Land Act Loans 

Housing Loans incl. Central Mortgage and Housing Corp. 
Subscriptions to International Monetary Fund and 

International Bank (Cash Portion) 

Other Loans and Investments 

Unamortized Debt Discount and Commission 

Other Current Assets (ex. cash) 

Total Loans and Investments 

Deduct Non-Cash Items (See items marked * above) 

Total Cash Requirements 



2,629.1 

72.1 

912.6 

1,027.4 

242.7 
19.3 

14.4 
95.4 

7.7 



30.4 

1.6 

5.2 

12.3 

1.2 

8.8 
10.6 



12.3 

17.7 

7.1 

17.7 

48.5 

23.4 

37.5 

1.3 

2.6 

25.0 

.6 

37.8 



2,938.4 

20.2 

93.6 

853.5 

593.8 

319.0 
20.7 
16.3 
14.4 
93.3 
7.9 



32.2 

1.7 

5.1 

12.7 

.3 

1.4 

9.4 
12.3 



13.2 

18.3 

6.7 

20.1 

54.6 

26.6 

7.5 

1.4 

3.2 

25.0 

.4 

22.4 



2,140.8 ; 
239.6 
161.7 
944.2 
589.6 

409.1 
22.3 
20.6 

14.4 
98.0 
11.2 

172.6 
33.7 

7.3 

G.2 

12.5 

.3 

1.6 

10.3 
11.5 



16.3 

18.3 

7.4 

22.6 

57.7 

35.0 

17.4 

1.3 

4.5 

25.0 

.5 

22.6 



387.6 
318.3 
283.4 

419.0 

464.4 
12.1 
9.4 
14.4 
94.4 
13.1 

245.1 
35.9 

8.6 
7.5 
15.2 
1.0 
2.0 

13.3 
18.4 



26.4 
21.7 
10.9 
28.6 
64.2 
36.1 
31.9 

1.7 
11.2 

9.0 
25.0 

3.1 

1.3 



196.0 

84.2 

250.5 

9.3 

192.3 

455.5 
10.9 

33 .4 ; 

122.5 

15.2 

263.2 
58.1 

10.8 

17.6 

17.5 

.3 

2.3 

16.3 
23.6 



35.6 

30.1 

10.8 

37.3 

67.9 

53.2 

63.1 

1.4 

15.7 

17.3 

75.0 

6.6 

2.1 



5,322.3 



42.4 
271.9 
185.0 



122.7 

22.2 

2.1 

.5 



5.0 
6.7 
6.3 



5,245.6 



55.1 

87.1 
265.0 



74.2 

66.8 

3.9 

1.2 



11.4 
5.1 
1.4 



5,136.2 



63.0 
473.4 
700.0 

207.3 

42.6 
37.0 

18.7 
10.3 



5.5 
5.8 

2.7 



2,634.2 



95.8 

39.6 

680.0 

640.0 
137.9 

104.9 
23.2 
55.6 



113.1 

1.0 

10.6 

41.0 



2,195.6 



111.3 
.9 
220.0 
368.0 
130.9 

2.3 
85.0 
39.6 

22.5 



4.9 

9.3 
5.6 



520.4 
63.4 



310.2 

47.8 



396.4 
48.2 



78.9 
8.1» 



291.7 

83.7 



5,779.3 



5,508.0 



5,484.4 



2,705.0 



(Pre- j (Budget 
liminary) Estimate) 



268.8 
36.1 

234.1 

.3 

83.2 

465.1 

9.7 

.1 

17.1 

84.4 

19.0 

270.9 
66.8 
7.5 
14.4 
19.0 
20.1 
11.4 
4.7 

20.4 
46.3 



50.6 

41.5 

26.9 

49.3 

77.6 

53.7 

34.8 

3.3 

18.5 

36.4 

75.0 

6.6 

2.2 



378.9 

22.8 

205.2 

46.8 

439.2 
10.5 
22.0' 
19.2 
84.7 
23.9 

297.6 
94.0 
14.0 
16.9 
25.0 
21.5 
1.5 
5.3 

25.0 

26.1 
22.9 
18.3 
66.8 
54.7 
36.3 
51.0 
83.1 
63.2 
40.8 

(i.O 
24.1 
46.3 
75.0 

6.6 

62.3 



2,175.9 



29.5 

.4 

450.0 

37.0 

70.6 

5.0 

7.4 

22.9 

68.0 



2.9 
6.9 
3.5 



2,437.5 



10.0 

.3 

160.0 

120.0 

5.4 

8.6 
20.4 
18.4 
99.5 

3.2 

22.8 

3.2 

3.1 



607.7 
83.8 



379.1 



2,403.6 2.699.8 



2,651.4 



425.0 

16.8 

199.0 

13.7 

423.7 



18.7 
87.6 
27.3 

307.0 
103.6 
25.0 
19.6 
22.0 
23.0 

11.8 

28.0 

48.0 
19.0 
20.9 
100.7 
62.2 
46.2 
52.0 
85.7 
65.8 
21.9 
5.1 
20.7 

.101.2 



2,410.0 



MARCH 1950 



Millions of Dollars 



46 



VIII— GOVERNMENT OF CANADA : SOURCES OF FINANCING 

Department of Finance and Bank of Canada 



Fiscal Year Ending March 31,- 



BUDGETARY REVENUE 

Income Tax on Individuals (ex. Refundable Portion) 

Income Tax on Corporations 

Excess Profits Tax (ex. Refundable Portion) 

Withholding Tax on Dividends, Interest, etc 

Succession Duties 

Excise on Liquor 

Excise on Tobacco 

Sundry Excise and Other Taxes 

Customs Import Duties 

War Exchange Tax 

Sales Tax 

Post Office Department 

Return on Investments 

Other Ordinary Revenue 

Sub-Total 

Sale of Surplus War Assets 

Refunds of Previous Years' War & Demobilization Exp 

Non-Cash Items per Contra 1 

Other Special Receipts and Credits 

Total Budgetary Revenue 

Open Account and Foreign Debt Items 

Government Annuities 

Insurance and Superannuation Funds 

Interest Due and Outstanding and Outstanding Cheques 

UNRRA — Free Funds and Special Funds 

Reserve for Contingent Liabilities, re Crown Companies 

Other Open Account Items 

Increase or Decrease in Funded Debt Payable in N.Y. (net) . 

Increase or Decrease in U.S. Dollar Cash Balances 

Increase or Decrease in Funded Debt payable in London 

Increase or Decrease in Sterling Cash Balances 

Total Open Account and Foreign Debt Items. . . . 

Domestic Debt Items 

Refundable Portion of Personal Income Tax (net) 

Refundable Portion of Excess Profits Tax (net) 

Other Funded Debt Payable in Canada only (net) 

Deposit Certificates (net) 

Treasury Bills (net) 

Treasury Notes (net) 

Increase or Decrease in Securities Investment Account 

Increase or Decrease in Canadian Dollar Cash Balances 

Total Increase or Decrease in Domestic Debt 

Deduct Non-Cash Items per Contra (as above) 4 

Total Cash Requirements (as per opposite page) 



1944 



2,765.0 



698.4 

311.4 

428.7 

26.9 

15.0 



65.9 
138.8 
159.9 



167.9 

118.9 

304.9 

61.1 

48.3 

23.9 



2,570.1 

6.2 

92.7 
37. S 
58.2 



23.3 

7.3 

18.0 

12.6 

83.8 
115.3 
104.7 

.4 
23.8 



121.8 



115.0 

40.0 

2,881.5 

30.0 

60.0 

150.4 
14.3 



2,930.4 



37.8 



5,779.3 



1945 



072.8 

276.4 

341.3 

28.6 

17.2 



1946 



686.0 

217.8 

426.7 

28.3 

21.4 



72.3 92.0 
150.4 171.7 
172.9 175.5 



115.1 
98.2 

209.4 
66.1 
60.7 
18.7 



2,300.1 

8.4 

344.5 

22.4 

11.9 



2,687.3 



30.0 

6.8 

61.9 

31.0 

66.1 

1.0 

108.5 

.4 

12.9 



98.8 



95 

124 

2,598 

210 

20 

151 
151 



2,744.4 



22.4 



5,508.0 



128.9 
41.2 

212.2 
68.6 
70.9 
21.3 



2,363.2 

42.6 

584.0 

22.6 



3,013.2 



44.0 
6.8 

12.4 

83.5 
2.0 

54.2 
147.9 

27.0 
.3 

31.2 



115.9 



4.0 

67.5 
2,838.0 
260.0 

70.0 
256.0 
184.4 
550.1 



2,609.8 



22.6 



1947 



670.5 

238.8 

442.5 

30.1 

23.6 

98.1 
183.6 

204.5 

237.4 
.3 

298.2 
73.0 
69.4 
18.5 



2,588.5 



184.3 

228.5 

1.3 

5.2 



3,007.9 



69.7 

8.5 

5.7 

41.7 

41.7 

76.5 

38.0 

102.2 

.4 

20.6 



3.0 



21.5 

6.2 

93.7 

460.0 

294.0 

124.8 
52.3 



304.5 



1.3 



5,484.4 2,705.0 



1948 



659.8 

364.1 

227.0 

35.9 

30.8 



98.0 
176.1 
194.9 



293.0 

372.3 
77.8 
75.8 
24.2 



1949 1950 



2,629.8 



63.4 

162.4 

2.1 

14.0 



2,871.7 



72.4 
18.6 
15.6 
40.5 

.8 
46.5 

9.7 
2.5 

1.1 



120.1 



60.5 

23.7 

547.6 

180.0 

200.0 
410.0 
435.7 



586.1 



2.1 



2,403.6 



762.6 

492.0 

44.8 

43.4 

25.6 



101.0 
190.4 
176.1 

223.0 

377.3 

80.6 

107.9 

24.5 



2,649.1 

24.4 

92.7 

2.2 

3.0 



2,771.4 



72.2 

32.0 

7.9 

1.3 

35.7 
99.1 

8.4 
.2 

2.9 



224.8 



223.6 
64.0 
81.8 

100.0 



222.4 
47.2 



294.2 



2.2 



2,699.8 



1951 



(Pre 
liminary) 

611.5 

586.5 

2.5 

45.5 
28.5 



105.2 

203.0 

75.3 

229.0 

404.1 
84.0 
90.4 
28.6 



2,489.0 

17.5 
41.4 



2,548.6 



59.3 

39.4 

1.1 



73.1 

99.9 

8.4 

2.7 



259.5 



55.4 
531.3 



430.0 
.1 



156.6 



2,651.4 



(Budget 
Estimate) 

530.0 

583.0 

46.0 
29.0 



^369.0 

225.0 

398.0 

► 200.0 



2,380.0 



50.0 



2,430.0 



(1) Includes Air Training Advances write-off of $425 million. 

(2) "Interest on Public Debt" is in part offset by revenue from "Return on 
Investments". 

(3) Includes payments of $16.1 million to the provinces of Alberta and Sask- 
atchewan in connection with natural resources agreements. 

(4) Transactions in connection with Canadian National Railways Securities 



Trust Stock, Seed Grain and Relief Loans, and Transfers from Capital 
Account to Consolidated Deficit Account. 

(5) Less credits of $21.3 million in connection with losses re crown companies. 

(6) Non-cash items in 1949-50 include $21.3 million of the expenditure item 
"Premium Discount and Exchange" representing balance sheet adjust- 
ments arising out of revaluation of currencies in Sept. 1949. 



47 



MARCH 1950 



GOVERNMENT OF CANADA 



DISTRIBUTION OF TOTAL TAX COLLECTIONS 



MILLIONS OF DOLLARS 

25001 



2000 



1500 



1000 



TOTAL TAX COLLECTIONS 



1938/9 1939/40 1940/1 1941/2 1942/3 1943/4 1944/5 1945/6 1946/7 1947/6 

(1) Excluding the refundable portion. (2) Budget estimates. 



MILLIONS OF DOLLARS 

2500 



&2000 




■,-_-..,.^ 

1950/1' 



PERCENTAGE DISTRIBUTION OF TOTAL TAX COLLECTIONS 



PERCENT 



I00P 



PERCENT 




1938/39 1939/40 1940/1 1941/2 1942/3 1943/4 1944/5 1945/6 1946/7 1947/8 1948/49 1949/50 1950/1**' 

(1) Excluding the refundable portion. (2) Budget estimates. 



MARCH 1950 



48 



IX— WHOLESALE PRICES 

Index 1935-39 =• 100 
CANADA U.K. 

Dominion Bureau of Statistics^ Board of Trade m 





Farm 
Products 

• 


Raw 
Materials 


Foods 


Manu- 
factures 


Total 


Averageof Mtlis. 

1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.5 


143.0 


129.8 


141.0 


1947 


189.7 


180.6 


162.7 


154.2 


167.4 


1948 


229.6 


216.0 


202.4 


184.3 


198.9 


1949 


225.2 


222.0 


205.2 


186.9 


203.6 


Monthly 

1949-Feb. 


226.2 


222.8 


202.0 


186.7 


205.1 


Mar. 


224.2 


223.7 


201.5 


185.2 


204.4 


Apr. 


224.5 


222.4 


205.5 


186.6 


204.3 


Mav 


225.2 


220.6 


205.9 


187.0 


202.9 


June 


230.2 


221.6 


209.6 


186.7 


202.7 


July 


231.4 


222.4 


211.4 


186.7 


203.1 


Aug. 


225.9 


219.2 


207.0 


187.0 


201.7 


Sept. 


222.6 


219.1 


205.6 


186.3 


201.6 


Oct. 


219.7 


222.0 


203.9 


187.8 


203.8 


Nov. 


220.0 


222.0 


203.2 


187.6 


203.6 


Dec. 


219.9 


221.6 


201.7 


187.4 


203.4 


1950- Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.2 


176.4 


173.1 


193.1 


190.1 


220.9 


206.8 


231.7 


187.2 


222.7 


186.6 


222.1 


195.4 


228.1 


209.0 


232.9 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.6 


246.3 


226.2 


246.9 



U.S.A. 

Bureau of Labor Statistics^ 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.9 


139.9 


150.0 


238.1 


215.4 


213.2 


176.1 


188.5 


247.8 


232.3 


226.4 


192.4 


204.7 


217.7 


213.2 


204.1 


182.6 


192.3 


221.4 


215.9 


204.2 


186.0 


196.2 


225.7 


217.7 


205.9 


186.1 


196.5 


224.3 


215.9 


205.9 


184.7 


194.7 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.6 


213.6 


210.0 


203.0 


1S0.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.7 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.2 


180.1 


189.5 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926 = 100. 

(2) Adjusted to 1935-39=100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926 = 100. 

* An Independent series with different weighting and different prices from those included in the "Total Index" 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



Index 1935-39=100 



X— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.5 


128.8 


160.8 


First of Month 
















1948— Nov. 


204.7 


129.0 


181.5 


121.0 


166.0 


124.6 


159.6 


Dec. 


202.0 


129.1 


181.5 


121.7 


166.2 


124.6 


158.9 


1949— Jan. 


202.2 


130.0 


181.9 


121.7 


167.0 


126.6 


159.6 


Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


128.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450 - $2,500, with incomes between $1,000-$1,600 most common. 



49 



MARCH 1950 1 



XI— CONSTRUCTION OF DWELLING UNITS IN CANADA 

Dominion Bureau of Statistics 



(i) 



Calendar 
Years 



Under 

Construction 

January 1 



Started 

during 

year 



COMPLETED DURING YEAR 



One Family 
Detached 



Two Family 
Detached 



Apartment 
or Flat 



Other 



Total 



Adjust- 
ments 



Under 
Con- 
struction 
December 31 



1948 



Prince Edward 




















Island 


209 


225 


210 


- 


20 


- 


230 


1 


203 


Nova Scotia 


2,161 


3,148 


2,407 


- 


177 


4 


2,588 


27 


2,748 


New Brunswick 


736 


2,339 


1,769 


122 


44 


56 


1,991 


15 


1,069 


Quebec 


9,076 


24,982 


9,431 


3,694 


5,334 


1,712 


20,171 


39 


13,848 


Ontario 


17,243 


29,976 


24,669 


332 


1,296 


94 


26,391 


284 


21,112 


Manitoba 


2,315 


5,018 


4,328 


42 


191 


- 


4,561 


140 


2,632 


Saskatchewan 


1,469 


3,354 


3,201 


2 


8 


- 


3,211 


241 


1,853 


Alberta 


2,310 


9,519 


5,796 


222 


200 





6,223 


344 


5,262 


British Columbia 


6,696 


11,633 


9,976 


146 


566 


43 


10,731 


131 


7,729 


Canada 


42,215 


90,194 


61,787 


4,560 


7,836 


1,914 


76,097 


144 


56,456 



1949 



Prince Edward 




















Island 


203 


375 


252 


6 


- 


- 


258 


28 


292 


Nova Scotia 


2,748 


2,636 


3,023 


8 


25 


- 


3,056 


2 


2,326 


New Brunswick 


1,069 


2,012 


1,560 


14 


199 


28 


1,801 


6 


1,274 


Quebec 


13,848 


24,196 


8,301 


6,542 


7,404 


665 


22,912 


148 


14,984 


Ontario 


21,112 


34,023 


29,146 


462 


1,804 


28 


31,440 


110 


23,585 


Manitoba 


2,032 


5,039 


4,203 


84 


520 


- 


4,807 


83 


2,781 


Saskatchewan 


1,853 


3,061 


3,201 


8 


364 


3 


3,576 


114 


1,452 


Alberta 


5,262 


8,465 


8,999 


56 


186. 


170 


9,411 


7 


4,309 


British Columbia 


7,729 


9,702 


9,737 


70 


460 


5 


10,272 


7 


7,166 


Canada 


56,456 


89,509 


68,422 


7,250 


10,962 


899 


87,533 


263 


58,169 



(1) Excluding dwelling units added by conversion of existing structures, which amounted to 5,146 and 3.422 on the years 1948 and 1949 respectively. 
* Adjustments for dwellings on which construction has ceased or when completed contain more or le^s dwelling units than were reported when construction 
commenced. 

DWELLING UNITS CONSTRUCTED : PROVINCIAL DISTRIBUTION 

THOUSANDS OF UNITS THOUSANDS OF, UNITS 



50 



40 



30 



20 



10 



ONTARIO 



■ STARTED DURING YEAR 
-COMPLETED DURING YEAR 
•UNDER COSTRUCTION JAN. I 




y 



ALBERTA 



SASKATCHEWAN 




50 



40 



30 



1946 1949 1950 1946 1949 1950 1948 1949 1950 1946 1949 1950 1946 1949 1950 1948 1949 1950 1948 1949 1950 



MARCH 1950 



50 



Millions ot Dollars 



XII— CASH INCOME FROM THE SALE OF FARM PRODUCTS 

Dominion Bureau of Statistics 







B"i 


' PRODUCTSt 






BY REGIONSt 






Total 






















Certain 

Govt. 
Payments 


(Incl. 

Certain 

Govt. 

Payments) 




Field 
Crops 


Livestock 


Dairy 

Products 

Poultry & 

Eggs 


All 
Other 


Total 


Mari times 


Ontario 

and 
Quebec 


Western 
Provinces 


Total 


Calendar Years 
























1926 


561 


193 


164 


40 


958 


38 


351 


569 


958 


- 


958 


1927 


525 


195 


173 


41 


934 


37 


348 


549 


934 


- 


934 


1928 


618 


210 


191 


45 


1,064 


37 


376 


651 


1,064 


- 


1,064 


1929 


482 


215 


187 


42 


927 


38 


367 


522 


927 


- 


927 


1930 


274 


158 


165 


35 


632 


37 


299 


296 


632 


- 


632 


1931 


178 


112 


128 


27 


445 


26 


225 


194 


445 


- 


445 


1932 


186 


80 


96 


22 


384 


20 


171 


193 


384 


- 


384 


1933 


191 


84 


100 


22 


397 


23 


177 


107 


397 


- 


397 


1934 


232 


112 


116 


26 


485 


26 


206 


253 


485 


- 


485 


1935 


231 


130 


122 


28 


511 


27 


219 


265 


511 


- 


511 


1936 


254 


155 


138 


31 


578 


29 


257 


292 


578 


- 


578 


1937 


263 


195 


150 


38 


646 


36 


302 


308 


646 


- 


646 


1938 


293 


164 


169 


38 


664 


34 


309 


321 


664 


- 


664 


1939 


332 


185 


166 


39 


722 


32 


319 


371 


722 


10 


732 


1940 


291 


245 


183 


47 


766 


40 


354 


372 


766 


2 


768 


1941 


312 


321 


230 


51 


914 


48 


431 


435 


914 


28 


942 


1942 


348 


373 


317 


63 


1,101 


58 


530 


513 


1,101 


55 


1,156 


1943 


516 


447 


367 


80 


1,410 


71 


586 


752 


1,410 


31 


1,441 


1944 


824 


514 


400 


90 


1,828 


75 


627 


1,127 


1,828 


18 


1,846 


1945 


653 


526 


422 


93 


1,695 


79 


689 


926 


1,695 


6 


1,701 


1946 


708 


503 


431 


101 


1,743 


87 


736 


919 


1,743 


17 


1,760 


1947 


847 


496 


497 


127 


1,967 


90 


832 


1,045 


1,967 


12 


1,979 


1948 


1,015 


726 


578 


140 


2,459 


106 


1,017 


1,336 


2,459 


21 


2,480 


1949* 


1,056 


762 


500 


139 


2,457 


104 


1,000 


1,353 


2,457 


18 


2,474 



t Includes amounts paid on account of wheat participation certificates, the oats and barley equalization payments and those Dominion and Provincial 

Government payments which farmers receive as subsidies to prices. 
** Payments under the Wheat Acreage Reduction Act, the Prairie Farm Assistance Act and the Prairie Farm Income Act. 
* Preliminary. 



CASH INCOME FROM THE SALE OF FARM PRODUCTS 



MILLIONS OF DOLLARS 



BY PRODUCTS 



ANNUAL TOTALS 



BY REGIONS 



MILLIONS OF DOLLARS 



2500 



2000 



1500 







1000 




41 42 43 44 45 46 47 48 49 1939 40 41 42 43 44 45 46 47 

(1) Payments under the Wheat Acreage Reduction Act, the Prairie Farm Assistance and the Prairie Farm Income Act. 



51 



MARCH 1960 I 

XIII— MERCHANDISE EXPOR1I 



Millions of Dollars 
















\*r\J II 


i^/^CU J 1 VIII 


i ' "*** vj 










Wheat 




Other 




Bacon 






Other 






Otf 


Calendar 


j 


and 


Oats 


Grains 


Live 


and 


Other 


Cheese 


Milk 


Eggs 


Seeds 


Fjl 


Years 


Vegetables 


Wheat 
Flourd) 




and 
Products 


Cattle 


Hams 


Meats 




Products 






(i:| 
raw | 




1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 


_ 


4 


; 




1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 






1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 






1946 


29 


417 


23 


41 


18 


66 


63 


22 


13 


27 


13 


; 




1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 


' 




1948 


21 


382 


23 


74 


74 


70 


65 


12 


18 


39 


50 


i 




1949 


20 


533 


19 


59 


61 


24 


44 


16 


14 


21 


44 






12-Mths. ending 




























Feb. 1950 


20 


515 


19 


59 


68 


35 


43 


16 


13 


19 


40 






Monthly 




























1949-Jan. 


2.0 


41.0 


1.4 


1.4 


2.6 


3.0 


4.5 


- 


1.2 


3.1 


5.3 


5! 




Feb. 


1.2 


32.6 


1.2 


1.9 


2.2 


1.6 


2.3 


- 


1.1 


2.1 


5.2 


5 




Mar. 


.9 


36.3 


1.1 


2.0 


3.7 


1.2 


2.6 


- 


.7 


.2 


5.3 


4 




Apr. 


.6 


39.3 


.8 


5.0 


3.9 


1.5 


2.1 


.5 


.5 


.8 


4.8 


4 




May 


.6 


59.0 


.7 


5.7 


3.5 


1.5 


2.4 


.8 


1.4 


.9 


2.1 


4 




June 


.7 


59.6 


.6 


3.9 


7.3 


.8 


2.7 


2.5 


1.1 


1.4 


1.9 


3 




July 


1.0 


49.2 


.6 


3.3 


4.7 


.6 


2.2 


5.4 


.7 


.9 


.8 


2, 




Aug. 


2.5 


43.1 


.7 


2.5 


3.5 


.5 


3.5 


5.0 


1.2 


1.3 


.4 


3 




Sept. 


2.1 


40.1 


1.0 


4.4 


4.6 


.2 


4.1 


1.5 


1.0 


2.9 


.7 


3 




Oct. 


2.2 


48.4 


3.0 


5.8 


9.5 


2.0 


5.7 


.2 


1.1 


5.6 


1.5 


4 




Nov. 


3.5 


54.6 


3.6 


16.9 


9.5 


5.3 


6.6 


.2 


1.7 


1.4 


5.7 


4 




Dec. 


2.2 


29.6 


3.6 


5.8 


6.3 


5.9 


5.5 


.2 


2.2 


.3 


10.0 


4 




1950-Jan. 


1.7 


32.7 


1.8 


1.8 


5.5 


14.0 


3.4 


.1 


.9 


1.8 


3.6 


4 


Feb. 


2.2 


23.4 


1.4 


1.5 


5.7 


1.5 


2.5 


.1 


.9 


1.4 


3.3 


5 






Other 




























Fibres 


Farm 


Machinery 


Autos, 


Other 


Other 




Aluminum 


Copper 


Lead 


Ni. 


' 


Calendar 


Artificial 


& Textiles 


Imple- 


(excl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


at 


Years 


Silk 


(excl. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


Pro, 




1929 




8 


20 


7 


47 




16 


3 


15 


37 


11 


i 




1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 






1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 


t 




1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 


t 
* 


1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 


( 


1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 


* 




1949 


2 


19 


93 


32 


39 


23 


106 


12 


94 


87 


42 


< 




12-Mths. ending 




























Feb. 1950 


2 


17 


90 


30 


38 


23 


99 


11 


94 


87 


A7 


( 




Monthly 




























1949-Jan. 


.2 


2.6 


7.8 


2.2 


4.3 


1.7 


9.1 


1.1 


5.5 


8.5 


6.4 


7 




Feb. 


.1 


1.7 


8.1 


2.5 


2.3 


1.2 


7.6 


1.1 


5.1 


4.6 


2.4 


8 




Mar. 


.2 


1.9 


11.9 


2.8 


1.9 


2.1 


8.9 


1.3 


6.2 


6.6 


2.0 


8 




Apr. 


.2 


1.2 


11.5 


3.1 


3.6 


1.7 


7.6 


1.0 


6.9 


7.7 


4.6 


10 




May 


.2 


3.1 


12.0 


2.9 


2.6 


2.6 


7.4 


.9 


11.1 


8.7 


3.8 


8 




June 


.2 


2.3 


9.9 


3.5 


3.1 


1.9 


7.1 


1.0 


8.3 


6.3 


3.1 


6 




July 


.2 


1.6 


8.1 


2.6 


5.4 


1.3 


10.9 


.7 


S.l 


7.8 


2.8 


S 




Aug. 


.2 


1.1 


4.3 


1.7 


3.3 


2.1 


6.7 


.9 


12.6 


8.5 


1.5 


7 




Sept. 


.1 


1.2 


4.8 


2.3 


3.1 


1.5 


9.8 


.8 


9.2 


7.2 


5.0 


6 




Oct. 


.2 


1.0 


3.8 


3.4 


3.8 


2.2 


5.S 


1.2 


6.4 


7.1 


2.6 


6 




Nov. 


.2 


.8 


4.9 


2.1 


2.4 


1.6 


14.1 


1.0 


2.7 


7.1 


3.0 


7 




Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


11.6 


1.2 


11.6 


6.5 


5.1 


7 




1950-Jan. 


.3 


1.1 


6.6 


1.3 


3.2 


.8 


4.5 


.6 


4.3 


7.1 


1.3 







Feb. 


2 


.8 


6.9 


1.3 


3.1 


l.S 


4.3 


.S 


(i.4 


6.5 


L.Q 


7 

1 




(1) In the case of 


wheat for 1? 


.57,46. 47. 4i 


! & 49 export 


clearance fi 


gures are b< 


ised on Boai 


d of Grain 


Commissione 


rs rather th 


in Customs 


data. (2) 


Madel 




1680, 1700, 1710 


2005. 2015 


2020. 2025, 


2060. 2065, : 


!066, 2070, 2 


075, 2080, 2( 


)8S, 2090, 2C 


95. 2100-21 


10, 2490, 25 


50-2525, 275 


0, 2795. 280. 


>, 2810. MM 


. 2825.1 





MARCH 1950 
IJIMODITY CLASSIFICATION 

jpiion Bureau of Statistics 



52 



Millions of Dollars 





and 
}n) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 




24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


7 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


12 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


1 


45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 


S 


44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 


5 


40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 


5 


59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 


6 
5 


62 
3.4 


22 
3.9 


20 
1.5 


163 
11.1 


31 
2.8 


167 
15.2 


447 
29.9 


18 
1.9 


40 
2.8 


35 
3.1 


23 
2.0 


12-Mths. ending 

Feb. 1950 

Monthly 

Jan. -1949 


1 


3.2 


2.5 


1.0 


10.2 


3.3 


15.4 


30.4 


1.4 


2.6 


2.1 


2.2 


Feb. 


n 


3.6 


2.1 


1.4 


11.1 


3.0 


15.6 


33.7 


1.6 


3.2 


3.4 


2.4 


Mar. 


8 


3.2 


1.5 


1.4 


10.9 


1.3 


12.9 


32.4 


1.9 


3.6 


2.7 


2.7 


Apr. 


1 


4.8 


2.2 


1.4 


12.5 


1.2 


14.8 


3S.6 


2.0 


3.2 


2.7 


2.1 


May 


4 


4.6 


1.5 


1.7 


12.2 


3.0 


13.7 


35.6 


1.8 


2.7 


3.0 


2.1 


June 


1 


4.2 


1.0 


1.9 


12.5 


3.1 


12.4 


36.0 


1.6 


2.7 


2.6 


2.5 


July 


4 


4.6 


1.0 


3.0 


13.2 


2.6 


13.1 


40.8 


1.3 


2.9 


2.2 


2.2 


Aug. 


9 


6.7 


1.6 


2.0 


15.0 


2.7 


11.5 


32.7 


1.4 


3.0 


2.9 


2.1 


Sept. 


9 


7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Oct. 


8 


6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 


9 


6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 


1 


4.4 


3.3 


1.2 


10.5 


3.0 


13.3 


38.3 


1.3 


2.5 


2.5 


.8 


Jan.- 1950 


7 


4.9 


2.0 


1.3 


13.9 


2.6 


14.0 


34.9 


1.3 


2.5 


2.6 


.8 


Feb. 



ous 
a Is 
old) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 
Metals 


Asbestos 


Other 
Non- 
metallic 
Minerals 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Years 


2 


9 


5 


13 


17 


7 


14 


1 


_ 


33 


37 


1,190 


1929 


6 


4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 


9 


15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 


1 


28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 


3 


30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 


5 


42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 


8 


56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 


5 
9 


53 

5.4 


16 
1.1 


41 

2.8 


35 
3.6 


39 
3.7 


34 

2.7 


40 

.7 


25 
.3 


76 

7.8 


147 
9.7 


3,116 
248.0 


12-Mths. ending 

Feb. 1950 

Monthly 

Jan. -1949 


7 


3.7 


.9 


2.2 


3.4 


3.2 


2.6 


2.5 


.4 


6.3 


9.6 


216.3 


Feb. 


9 


5.4 


1.2 


.9 


3.5 


4.7 


2.7 


.6 


.5 


5.9 


12.1 


236.1 


Mar. 


7 


5.3 


1.4 


.9 


3.1 


4.9 


3.1 


7.2 


1.2 


6.0 


9.8 


243.9 


Apr. 





5.7 


1.8 


1.3 


3.3 


3.9 


3.0 


6.1 


1.6 


12.0 


12.4 


288.1 


May 


8 


3.8 


3.3 


1.5 


2.8 


2.0 


2.3 


9.0 


2.5 


7.4 


9.8 


272.0 


June 


7 


4.2 


1.0 


3.6 


2.5 


1.8 


2.1 


2.9 


2.9 


5.5 


9.4 


251.7 


July 


2 


4.4 


.9 


5.0 


2.5 


2.7 


2.0 


8.0 


5.2 


5.0 


13.8 


258.7 


Aug. 


6 


4.3 


1.0 


4.2 


2.3 


3.3 


2.3 


.7 


2.4 


5.3 


11.2 


242.6 


Sept. 


4 


4.3 


.8 


5.2 


3.1 


2.8 


2.8 


- 


5.3 


5.6 


13.2 


285.4 


Oct. 


1 


5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 





3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.6 


.4 


7.1 


12.5 


283.5 


Dec. 


8 


2.3 


1.4 


4.1 


2.7 


3.9 


4.1 


- 


.4 


4.1 


15.8 


237.3 


Jan.- 1950 


9 


3.7 


1.5 


4.4 


2.6 


2.8 


4.0 


.5 


.3 


4.7 


11.7 


211.2 


Feb. 



is items listed in "Trade of Canada" under code numbers 180. 600, 610. 690, 710. 790, 1170, 1500-1590, 1610, 1620, 1630, 1640, 1645, 1650, 1660, 1670, 
2850, 2855, 2860, 3160-3187. 



■ 



53 



Millions of Dollars 



MARCH 1950 



XIV— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS 1 



j(l>* 









TOTAL EXPORTS (EXCLUDING GOLD) 


TO 








U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 
Sterling 

Area 
(3) 


Western 
EuRorE & 
Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


94 


83 


115 


307 


127 


163 


3,124 


1949 


1,529 


709 


72 


76 


152 


254 


134 


97 


3,022 


12-Mths. ending 

Feb. 1950 C6) 


1,568 


682 


71 


75 


138 


240 


132 


92 


2,999 


Monthly 

1948-Dec. 


149.5 


50.0 


8.3 


6.1 


26.2 


37.6 


16.8 


23.2 


317.6 


1949- J an. 


117.7 


57.0 


6.6 


4.3 


14.1 


21.8 


8.2 


10.9 


240.5 


Feb. 


108.1 


47.6 


4.5 


2.8 


11.8 


15.7 


9.0 


9.3 


208.8 


Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


15.1 


7.1 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.4 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. 


133.8 


48.8 


6.1 


3.0 


5.2 


12.9 


7.4 


6.8 


224.0 


Feb. (6) 


131.2 


29.4 


3.8 


3.2 


7.4 


10.4 


7.7 


8.6 


201.6 



Millions of Dollars 




MERCHANDISE IMPORTS"'* 










TOTAL IMPORTS (EXCLUDING GOLD) FROM 




U.S.A. 


U. K. 

(2) 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 
Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 

12-Mths. ending 

Jan. 1950 (6) 

Monthly 

1948-Dec 


1,952 
1,942 
159.4 


306 

307 

24.6 


106 
106 
6.9 


4 

4 

.3 


77 

78 

7.9 


83 

82 

12.8 


193 

191 

17.0 


39 

40 

3.1 


2,760 
2,748 
231.9 


1949-Jan. 


164.8 


25.3 


5.1 


.2 


5.6 


6.3 


14.3 


2.1 


223.7 


Feb. 


148.8 


22.9 


7.6 


.3 


4.0 


5.5 


13.7 


3.2 


206.0 


Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.9 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. (6) 


154.5 


26.1 


4.4 


.2 


fi.2 


5.1 


V2A 


3.1 


211.9 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



* Commencing April 1, 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (919M are excluded. 

(3) Consists of Eire. India. Pakistan, Burma, Australia, New Zealand, Iceland. 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece. Turkey, and British Sudan. 

(5) Includes Egypt, Spain, Palestine, and also Newfoundland until March 31. 
1949. 

(6) Preliminary. 



ARCH 1950 



54 



XV— U.S.A. STATISTICS 



Federal Reserve Board or Dept. of Commerce Statistics unless otherwise stated. 



MILLIONS OF PERSONS 



MILLIONS OF PCPSONS 



POINTS IN TOTAL INOCX 



POINTS IN TOTAL >*JOC* 




BILLIONS OF DOLLAPS 



BILLIONS OF OOLLAftS 




I 



TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada: 

Liabilities and Assets 55-56 

Chartered Banks: Cash in Canada and Canadian Deposits ... 55 

Chartered Banks: Total Canadian Loans 56 

II Chartered Banks: 

Liabilities and Assets 57-58 

III Money Supply and Related Bank Assets 57-58 

IV Security Prices: 

Government Securities Payable in Canada only 59 

Yields of Government of Canada Bonds Payable in Canada only . . 59 

Government Securities, Canada, U.K. and U.S. A 60 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 60 

V Bond Issues and Retirements 61 

VI Business Activity 62 

VII Canadian Gold Statistics 62 

VIII Canadian Balance of International Payments 63-64 

IX Wholesale Prices 65 

X Cost of Living 65 

XI Commercial Failures 66 

Commercial Failures 66 

XII Gross National Product and Expenditure 67 

XIII Personal Income and Disposition of Personal Income 68 

Personal Income and Disposition of Personal Income .... 68 

XIV Exports and Imports by Countries 69 

Exports and Imports by Countries 70 

XV Merchandise Imports: Commodity Classification 71-72 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 

APRIL 1950 



55 



















APRIL 


195C i 




Millions of Dollars 
















] 


[— B.fe 






LIABILITIES 






Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits > 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


To 
Liab 

( 

As: 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 




Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


2: 


i 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


3' 


\ 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


4< 




1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,41 




1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,* 




1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,85 




1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,91 




1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,9; 




1949 

End of 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,1( 




1948— Oct. 


160.4 


581.0 


741.4 


110.0 


72.2 


1.0 


1,114.7 


40.3 


2,0; 




Nov. 


190.2 


579.6 


769.8 


86.5 


64.1 


.1 


1,083.3 


59.2 


2,0( 




Dec. 


190.8 


547.3 


738.1 


98.1 


81.0 


.4 


1,098.3 


42.7 


2,0* 




1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


- 


1,047.0 


42.5 


2,0< 




Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,0; 




Mar. 


165.8 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,0J 




1949— Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2,1< 




Nov. 


201.6 


544.7 


746.3 


27.2 


84.1 


71.6 


1,081.4 


45.1 


2,01 




Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2,12 




1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2,1! 




Feb. 


179.5 


554.8 


734.4 


24.3 


176.4 


82.2 


1,071.1 


21.9 


2,11 




Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,16 





(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. ■frMay 19 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the i 



CHARTERED BANKS 

MILLIONS OF DOLLARS 



CASH IN CANADA AND CANADIAN 



DEPOSITS 

MILLIONS OF DOLLARS 



8000 




7500 



7000 



6500 



6000 



DJFMAMJJASONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASOND 
1946 1947 1948 1949 1950 

* See note (3) table 1 1 on page 58. 



KPRIL 1950 



56 



Canada 


















Millions of Dollars 






ASSETS 


















Securities 












Jd 


Silver 


Foreign'" 
Currencies 












Advances 


All 

Other 

Accounts 




Govt, of Canada 
and Provincial 


Ind. Dev. 
^ Bank 
Cap. Stock 


Other 

Securities 


Total 




Under 2 yrs. 


Over 2 yrs. 






















Average of 






















Month-end Figures 


,.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


1.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


>.S 


— 


41.7 
• 


142.8 

• 


46.2 

• 


- 


- 


189.1 

• 


.2 


6.7 


1939 


- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


■ 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 




- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


— 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


1.1 


1,279.6 


741.3 


25.0 


- 


2,045.9 


- 


32.6 


Oct. —1948 


- 


- 


.1 


1,222.1 


794.0 


25.0 


- 


2,041.1 


- 


21.7 


Nov. 


- 


- 


.5 


1,233.7 


779.1 


25.0 


- 


2,037.7 


- 


20.4 


Dec. 


- 


- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 


- 


•- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 


- 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 


- 


- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


— 


49.7 


Oct. —1949 


- 


- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov. 


- 


- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec. 


- 


- 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


- 


42.6 


Jan. — 1950 


- 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


- 


25.7 


Feb. 


- 


— 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


— 


44.6 


Mar. 



lent figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
ige Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS : TOTAL CANADIAN LOANS 

MILLIONS Or DOLLARS MILLIONS OF DOLLARS 



2400 



2200 



2000 



1800 



1600 

























\ 


*— 1950 




| 1949 






X~^ 


— ^ 




















1943 v 

3^1 


/^ 






1947 1 































2400 



2200 



2000 



800 



600 



DEC 



JAM 



FEB. 



MAR 



APR. 



JUNE 



JULV 



AUG. 



SEPT 



OCT 



DEC 



57 



APRIL 195(1 



Millions of Dollars 



II— CHAl 

B, 





LIABILITIES 






Notes 


Deposits 


Cash 
in o) 




Securities 


>S 








Govt, of 


Canadian 




Total 


Govt, of 


Canada 


Foreign 
Govt. 








Demand 


Notice 


Canada 


Deposits 


Foreign 


Deposits 

(2) 




and Provincial 


c|i 










and Prov. 






Under 2 yrs. 


Over 2 yrs. 






Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490" 


206 1 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 




1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 




1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


i 1 


1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


I 


1948-Oct. 


17 


2,341 


4,040 


417 


6,842 


804 


7,745 


741 


894 


2,466 


246 


I 


Nov. 


16 


2,534 


4,086 


401 


7,090 


819 


8,005 


770 


927 


2,460 


242 




\ 


Dec. 


16 


2,544 


4,057 


426 


7,099 


811 


8,002 


738 


922 


2,513 


242 


I 


1949-Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 




1 


Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 






Mar. 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 




<■ 


1949-Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


818 


997 


2,530 


247 


l 


Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 




Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 


- 


A 


1950-Jan. 


I (6) 


2,406 


4,494 


296 


7,287 


744 


8,125 


731 


1,023 


2,544 


251 


5 


4 


Feb. 


- 


2,391 


4,537 


349 


7,350 


728 


8,191 


734 


1,049 


2,540 


252 


5 


1 


Mar. 


- 


2,399 


4,572 


429 


7,490 


719 


8,307 


718 


995 


2,661 


229 


.3 


A 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Cana 
month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered 
uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 

Ill— MONEY SUPPLY A 



Millions of Dollars 








MONEY SUPPLY 










Ba 


»■ 




Currency 
Outside Banks 


Bank Deposits 


Mone 










Chartered Banks 






Bank of 
























Canada 
"Other" 
Deposits 

(7) 


Total 


Suppl 






Notes"' 


Coin«> 


Total 


Demand"' 


Active 

Notice <4 > 


Other"' 
excl. Govt, 
of Canada 


Total 


Deduct 
Floats 


Net 
Total 




As at Dec. 31 




























1938 


207 


31 


238 


734 


187 


42 


963 


116 


847 


3 


850 


1,08* 




1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1,184 


1,563 




1945 


992 


63 


1,055 


2,063 


474 


172 


2,709 


280 


2,429 


30 


2,459 


3,514t 




1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,996! 




1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,944 




1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,335 




1949 

End of 

1948-Oct. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,4221 




1,131 


70 


1,201 


2,341 


647 


239 


3,227 


292 


2,935 


72 


3,007 


4,208 




Nov. 


1,100 


69 


1,169 


2,534 


651 


271 


3,456 


362 


3,094 


64 


3,158 


4,327 




Dec. 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,335 




1949-Jan. 


1,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,944 


87 


3,031 


4,162 




Feb. 


1,070 


69 


1,139 


2,289 


640 


200 


3,189 


317 


2,872 


80 


2,952 


4,091 




Mar. 


1,095 


69 


1,164 


2,281 


659 


287 


3,227 


335 


2,892 


85 


2,977 


4,141 




1949-Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3,527 


414 


3,113 


77 


3,190 


4,377 




Nov. 


1,095 


73 


1,168 


2,485 


683 


312 


3.4S0 


356 


3,12-i 


si 


3,208 


4,376 




Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,422 




1950-Jan. 


1,059 


72 


1,131 


2,406 


692 


318 


3,416 


307 


3,109 


146 


3,255 


4,386 




Feb. 


1,071 


72 


1,143 


2,391 


699 


330 


3,420 


326 


3,094 


17(1 


3,270 


4,413 




Mar. 


1,108 


73 


1,181 


2,399 


704 


372 


3,475 


361 


3,114 


151 


3,265 


4,446 




(1) Note Circul 


ation of Bank of Cana 


da and char 


ered banks. 


excluding 


(5) 


Chartered 


banks' Cana 


dian dollar c 




provincial governmem 




notes held b 


y chartered banks. 










Canadian, 


United Kint 


dom. and fo 


reign bank 


s. 




(2) Subsidiary c 
and charter* 

(3) Chartered b 


oin issued by the Mint 
d banks in Canada 
anks' public demand d( 


less coin he 
:posits in Ca 


Id by Bank 
nada. 


Df Canada 


(6) 
(7) 


Cheques o 
the Minist 
Bank of C 
statements 


n banks as s 
er of Financ 
anada Othe 
— i.e. excluc 


hown in cha 

• Deposits a 
ing Govern 


rtered ban 

s shown o 
ment of C 


k month-end returns t 

n published month-en. 
anada. chartered bank 




(4) Chartered b 


inks' public notice depo 


sits in Canac 


a other than 


estimated 




and foreigi 
Bank of Cc 


i deposits. 










aggregate q 


jarterly minimum bah 


inces in peri 


onal saving 


> accounts 


(8) 


inada gold ai 


id foreign ex 


change hoi 


lings less the amount c 




and non-per 


sonal notice 


deposits. 










foreign cur 


rency deposi 


t liabilities. 











APRIL 1950 












;1 BANKS 












i la 














SSETS 




Loans 


Total 

Assets 


tal 


CANADA 


ABROAD 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


99 


267 


1,343 


112 


301 


248 


3,528 


96 


117 


1,032 


165 


84 


172 


2,869 


126 


107 


732 


117 


68 


165 


3,317 


,08 


104 


1,693 


54 


76 


198 


7,811 


120 


81 


1,923 


75 


74 


234 


8,140 


1170 


97 


2,112 


105 


83 


220 


8,658 


56 


97 


2,011 


99 


71 


241 


8,324 


212 


96 


2,129 


72 


80 


250 


8,579 


!68 


101 


2,077 


71 


78 


240 


8,580 


ill 


90 


2,054 


77 


73 


244 


8,458 


122 


108 


2,033 


86 


79 


247 


8,466 


285 


81 


2,026 


103 


79 


239 


8,426 


527 


137 


2,213 


124 


77 


214 


8,943 


595 


119 


2,250 


106 


91 


212 


8,873 


545 


133 


2,174 


97 


70 


211 


8,718 


565 


100 


2,164 


100 


76 


210 


8,664 


591 


84 


2,182 


117 


75 


215 


8,717 


153 


83 


2,218 


126 


76 


209 


8,839 



58 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in <3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


735 


6,805 


10.8 


1,107 


Oct.- 1948 


755 


6,940 


10.9 


1,099 


Nov. 


723 


6,966 


10.4 


1,105 


Dec. 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


707 


6,859 


10.3 


1,075 


Mar. 


772 


7,442 


10.4 


1,111 


Oct. -1949 


752 


7,443 


10.1 


1,099 


Nov. 


729 


7,344 


9.9 


1,109 


Dec. 


750 


7,247 


10.3 


1,064 


Jan. -1950 


722 


7,190 


10.0 


1,060 


Feb. 


723 


7,304 


9.9 


1,070 


Mar. 



i Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of extimated 
irculation, the latter being, since September 1°44. an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



LATED BANK ASSETS 

'.da 



RELATED BANK OF CANADA AND CHARTERED BANKS ASSETS 



Millions of Dollars 





Government of Canada Securities, Gold and 


Exchange 


All other 
Loans 
and 
Invest- 
ments 


Deduct 

Inactive 

Notice 

Deposits 

(14) 


Total 




Bank of<«> 

Canada 

Gold and 


Banking*" 
Securities 


Other Govt. Securities 


Total 


Deduct 

Govt. 

Deposits 


Net 
Total 


Related 




Bonds<"» 


Victory"" 
Loan 


Total 


Hank 

Assets 




Exchange 






Advances 






<»> 




113) 






is at Dec. 31 
























1938 


214 


196 


753 


- 


753 


1,163 


79 


1,084 


1,628 


1,472 


1,240 


1940 


38 


743 


737 


- 


737 


1,518 


32 


1,486 


1,720 


1,438 


1,768 


1945 


- 


1,696 


3,241 


411 


3,652 


5,348 


1,002 


4,346 


1,827 


2,391 


3,782 


1946 


- 


1,476 


3,745 


- 


3,745 


5,221 


366 


4,855 


2,297 


2,8 5 6 


4,296 


1947 


- 


811 


3,718 


- 


3,718 


4,529 


272 


4,257 


3,084 


3,143 


4,198 


1948 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


1949 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


)48-Oct. 


- 


1,125 


3,801 


- 


3,801 


4,926 


331 


4,595 


3,236 


3,393 


4,438 


Nov. 


- 


1,145 


3,788 


- 


3,788 


4,933 


286 


4,647 


3,375 


3,435 


4,587 


Dec. 


- 


1,138 


3,834 


- 


3,834 


4,972 


320 


4,652 


3,341 


3,408 


4,585 


M9-Jan. 


- 


1,094 


3,919 


- 


3,919 


5,013 


420 


4,593 


3,302 


3,484 


4,411 


Feb. 


- 


1,099 


3,944 


- 


3,944 


5,043 


487 


4,556 


3,286 


3,520 


4,322 


Mar. 


- 


992 


3,998 


- 


3,998 


4,990 


229 


4,761 


3,206 


3,605 


4,362 


)49-Oct. 


- 


1,039 


4,106 


- 


4,106 


5,145 


309 


4,836 


3,480 


3,770 


4,546 


Nov. 


- 


1,110 


3,982 


- 


3,982 


5,092 


270 


4,822 


3,490 


3,764 


4,548 


Dec. 


- 


1,119 


4,002 


- 


4,002 


5,121 


181 


4,940 


3,419 


3,751 


4,608 


)50-Jan. 


- 


1,128 


4,021 


- 


4,021 


5,149 


163 


4,986 


3,359 


3,802 


4,543 


Feb. 


- 


1,147 


3,995 


- 


3,995 


5,142 


116 


5,026 


3,381 


3,838 


4,569 


Mar. 


- 


1,236 


4,019 


— 


4,019 


5,255 


217 


5,038 


3,437 


3,869 


4,606 



)) Bank of Canada and Chartered bank holdings of Government of Canada 
Treasury Bills, Deposit Certificates, Treasury notes and any other 
short term issues sold direct to Bank of Canada and chartered banks. 

3) Bank of Canada and chartered bank holdings of Government of Canada 
direct and guaranteed securities other than those shown as banking 
issues and exclusive of any temporary advances in connection with 
purchase of Victory Loan issues. 

1) Chartered banks' temporary advances to the public in connection 
with the purchase of Victory Loan bonds at time of issue. 



(12) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered banks' 
holdings of provincial, municipal and "other" securities, and Bank of 
Canada holdings of Industrial Development Bank capital stock. 

(14) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits 
in Canada. 



59 



APRIL 195C 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


loth of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


field 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Apr. 


99.88 


3.00 


2.88 


2.65 


2.28 


1.68 


May 


100.14 


2.99 


2.88 


2.67 


2.28 


1.68 


June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 ' 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 



1.0% 



3.4% 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



1.0% 



MX 




1936 1937 193a 1939 1940 1941 1942 1943 1944 1945 1946 1947 1940 1949 1950 

(1) Prior to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month, 1938-39 figures are for average oi 
month. (3) Apr. 15. 



APRIL 1950 


























IV— SECURITY 


PRICES 














Bank of Canada 










Government Bonds 


3 Month Treasury Bills 






? 


Lverage of Business Days 




Tender Rate Nearest 15th of Month 




Canada (1) 


U. K.«> 


U.S.A.") 






















U K 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 








Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 

Monthly 

1949— Jan. 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


100.72 


2.93 


103.55 


2.60 


101.60 


2.37 


All 


.519 


1.160 


Feb. 


100.77 


2.93 


103.58 


2.60 


101.92 


2.35 


.415 


.524 


1.163 


Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 


Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.525 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 



60 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. IS. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treasury 2^% due Dec. IS. 



20% 



22% 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA, U.K. & U.S.A. 

Daily Opening Quotations 




* Security is not eligible for commercial banks before Dec. 1. 1952. 



61 

V— BOND ISSUES AND RETIREMENTS ' 

Par Values in Millions of Canadian Dollars* Bank °f Canada 



APRIL 1950 





I-Govt. of Canada Direct & 
Guaranteed and Other C.N.R. 




II-Provincial Direct and Guaranteed 








Net New 


New Issues 


Retirements 


Net New 




New Issues 


Retirements 


Issues or 
Retirements 












Issues or 




New 


Refunding 


Refunded 


Other 


Retirements 


Calendar Years 


















1945 


3,636.5 


132.7 


3,503.9 




40.8 


137.3 


137.4 


69.3 


28.6 


1946 


913.5 


866.1 


47.4 




59.6 


73.4 


68.7 


82.5 


18.2 


1947 


371.4 


641.5 


270.1 




150.1 (2> 


125.2 


125.2 


84.9 


65.2 (1) 


1948 


1,424.8 


1 ,634.8 


210.0 




235.2 


104.3 


85.0 


80.2 


174.2 


1949 


820.7 


1,236.7 


416.0 




405.2 


53.8 


73.4 


47.9 


337.7 


Quarters 




















1949- I 


45.2 


98.3 


53.1 




63.7 


8.7 


27.8 


24.7 


19.9 


II 


7.0 


52.8 


45.8 




74.6 


2.2 


4.2 


6.9 


65.7 


III 


173.7 


45.7 


128.0 




128.8 


42.8 


11.5 


10.2 


149.9 


IV 


594.8 


1 ,039.9 


445.1 




138.1 


- 


29.8 


6.1 


102.2 


1950- I 


398.4 


447.1 


48.7 




70.1 


96.5 


25.5 


22.5 


118.6 





III-CORPORATIONS 




New Issues 


Retirements 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 

1945 


79.1 


107.3 


110.2 


76.2 


_ 


1946 


125.3 


460.8 


460.1 


124.8 


1.2 


1947 


267.2 


203.1 


197.3 


152.2 


120.7 


1948 


271.2 


20.1 


25.8 


60.8 


204.7 


1949 


232.2 


41.8 


41.8 


71.9 


160.3 


Quarters 

1949- I 


43.2 


.7 


.7 


16.6 


26.6 


II 


75.9 


10.0 


10.0 


18.9 


57.0 


III 


62.8 


- 


- 


23.7 


39.1 


IV 


50.4 


31.1 


31.1 


12.8 


37.5 


1950- I 


119.7 


5.5 


.9 


22.7 


101.6 



i+ii+m 



Net New 

Issues or 
Retirements 



3,475.2 

30.4 

84.1 

169.0 

82.0 

6.6 

76.9 

317.0 

305.4 

171.4 



IV-Govt.ofCanadaTreasuryBills. 


Deposit Certificates and Short- 


TermNotesSoldDirectlytoBank 


of Canada and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


695 


1,796 


250 


1,546 


346 


1,200 


100 


1,300 


100 


1,200 


- 


1,300 


- 


1,300 


100 


1,200 


- 


1,200 


100 


1,300 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 05 

GOVERNMENT OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
,.„. , _ ,. _ „ * AND CORPORATION BONDS 

Par Values %n Millions of Canadian Dollars 





NEW ISSUES were payable In: 




Retirements were pay a 


bte in: 


Net Increase or 
Net Decrease 






















>utstand- 

alile: 




Canada 


NewYork 


Canada & 


London 


Total 


Canada 


New York 


Canada & 


Canada. 






In ft Paj 








only 


only 


NewYork 






only 


only 


New York 


& London 






In Canada 
only 


Abroad 


Calendar Years 




























1945 


3,873.6 


49.0 


77.9 


.4 


4,000.9 


283.4 


73.2 


52.0 


101.0 


16.1 


525.7 


3,590.2 


115.0 


1946 


1,456.3 


171.5 


4.8 


.1 


1,632.6 


1,101.9 


317.5 


109.4 


58.1 


15.2 


1,602.2 


354.4 


324.0 


1947 


1,106.0 


5.5 


5.0 


.4 


1,116.9 


938.3 


66.5 


60.6 


104.8 


30.9 


1,201.1 


167.8 


251.9 


1948 


1,765.4 


290.0 


- 


.3 


2,055.6 


1,695.4 


161.2 


19.0 


5.3 


5.6 


1,886.6 


69.9 


99.1 


1949 


1,453.6 


100.0 


— 


- 


1,553.6 


1,353.3 


8.9 


10.8 


90.6 


8.1 


1,471.7 


100.3 


18.3 


Quarters 

1949- I 


161.4 


— 


— 


— 


161.4 


158.1 


1.2 


3.1 


2.0 


3.7 


168.0 


3.3 


9.9 


II 


169.7 


- 


- 


- 


169.7 


85.1 


3.5 


1.7 


2.1 


.4 


92.8 


84.7 


7.7 


III 


308.1 


100.0 


- 


- 


408.1 


81.3 


1.4 


4.9 


.2 


3.3 


91.1 


226.8 


90.2 


IV 


814.4 


- 


- 


- 


814.4 


1,028.8 


2.9 


1.1 


86.2 


.7 


1,119.7 


214.5 


90.9 


1950- I 


619.9 


70.3 


- 


- 


690.2 


477.0 


1.3 


17.6 


20.7 


2.2 


518.8 


142.9 


28.6 



* Issues payable in foreign currency are included on the basis of the official rates of the Foreign Exchange Control Board. 

(1) Subject to revision. Provincial Treasury Bills are excluded. Govt, of Canada Treasury Bills. Deposit Certificates and short-term notes sold directly to 
Bank of Canada and the chartered banks are not included in Heading I but are shown separately in Heading IV. Because of lick of sufficient data no 
tabulation in respect of municipalities and religious institutions was possible. However, the net reduction of total municipal bonded debt less sinking funds 
has been (in millions of dollars), 43 and 5 in the years 1945 and 1946 respectively. Before the transfer to the Quebec Municipal Commission of certain 
school debt, the estimated net increases in 1947, 1948 and 1949 were 31, 71 and 89. 

(2) Before giving effect to the issue of $112.2 million of Quebec Hydro debentures in connection with retirement of Montreal Light. Heat & Power stock and of 
$63.2 million of Quebec Municipal Commission bonds re transfer of the debt of certain school corporations. 



APRIL 1950 




















62 








VI- 


-BUSINESS ACTIVITY 

Dominion Bureau of Statistics 












PRODUCTION 


Res- 
idential 

Con- 
struction 


Car 

Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 

(3) 


Aggregate 
Payrolls 








News- 


Central 


Index 
<»> 




Gold 


Nickel 


Steel 


Print 
(i) 


Electric 
Stations* 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 






Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


Thousands 


of Dollars 


1941 = 100 


1941 = 100 


Annual Totals* 41 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















Mar. 1950 


4,200* 


123* 


3,186 


5,161 


42,972 


469 


3,871 


855 


128.1 


215.4 


Monthly 






















1948— Aug. 


305.5 


9.0 


263.1 


422.3 


3,408 


44.5 


344 


54.0 


131.6 


207.2 


Sept. 


295.0 


9.9 


257.9 


408.8 


3,363 


34.1 


378 


70.7 


132.2 


209.3 


Oct. 


307.0 


10.3 


281.9 


435.3 


3,538 


32.1 


388 


82.4 


133.1 


215.7 


Nov. 


311.4 


12.8 


278.0 


432.1 


3,388 


29.8 


370 


89.7 


133.3 


218.0 


Dec. 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.0 


124.8 


207.6 


Mar. 


342.7 


12.6 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


1949— Aug. 


359.1 


8.9 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


Sept. 


363.8 


9.5 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


365.8 


10.7 


258.9 


435.7 


3,628 


44.7 


370 


82.9 


132.4 


223.8 


Nov. 


361.7 


9.7 


259.7 


436.8 


3,629 


31.3 


352 


93.0 


132.3 


224.8 


Dec. 


373.1 


10.7 


263.9 


414.9 


3,747 


28.5 


301 


114.5 


132.2 


224.7 


1950— Jan. 


353.9 


10.2 


289.5 


417.0 


3,774 


24.0 


271 


49.8 


127.0 


208.9 


Feb. 


350.7 


8.5 


258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.6 


209.2 


Mar. 






294.3 


451.6 


3,792 


30.2 


330 


67.4 


122.2 


211.9 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Feb. 1950. 



Thousands of Fine Ounces 



VII— CANADIAN GOLD STATISTICS 

Bank of Canada 





SOURCES 




DISPOSITION 










Net Release 






Net Increase 








New 
Gold'" 
Production 


Physical (2 > 
Imports 


from Gold 

held in 
Safekeeping 
for Non- 
residents 


Total 

Gold 

Available 


Physical* 3 ' 
Exports 


in Gold 
held in 
Safekeeping 
for Non- 
residents 


Net Increase 
or Decrease 
in Official 
Holdings"' 


Total 

Disposition 

of Gold 


1939 


5,095 


17,681 


_ 


22,777 


11,104 


10,700 


973 


22,777 


1940 


5,290 


73,468 


- 


78,758 


55,987 


25,114 


2,343 


78,758 


1941 


5,313 


1,389 


4,960 


11,662 


11,680 


- 


18 


11,662 


1942 


4,809 


- 


1,567 


6,376 


5,825 


- 


551 


6,376 


1943 


3,703 


- 


157 


3,860 


1,868 


- 


1,992 


3,860 


1944 


2,862 


214 


231 


3,307 


1,311 


— 


1,996 


3,307 


1945 


2,503 


_ 


695 


3,198 


1,505 


- 


1,693 


3,198 


1946 


2,600 


5 


12,482 


15,087 


9,834 


- 


5,253 


15,087 


1947 


2,851 


2 


5,516 


8,369 


15,524 


- 


7,155 


8,369 


1948 


3,423 


2,384 


- 


5,807 


2,505 


11 


3,291 


5,807 


1949 


3,866 


11 


530 


4,407 


1,967 




2,440 


4,407 



(1) Newly mined gold sold by the Mint (excl. small sales for industrial purposes) plus exports of raw gold or concentrates direct from the mines for refining 
abroad. This series coincides with net non-monetary gold exports published monthly since 1939. 

(2) Excluding small amounts of unmanufcatured gold, scrap and manufactured forms which are shown under various headings in the import returns. 

(3) Excluding the gold content of exports of jewellers' sweepings and precious metals scrap which are shown in the export returns. 

(4) Holdings of the Exchange Fund Account and Bank of Canada. 



63 



APRIL 1950 

VIII— ESTIMATED CANADIAN BALANCE Oil 

Dominion 



Millions of Canadian Dollars 



1948 



Receipts Payments Balance 



1949t 



Receipts Payments Balance 



All Countries 
Current Account 

Merchandise Trade (Adjusted) 

Net Exports of Non-monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total Current Account 

Capital Account 

New Issues or Retirements of Canadian 

Securities held abroad 

Sales or Purchases of Outstanding Securities 

Govt. Loans and Advances to other Countries 

Repayts. on 1942 Canadian Loan to U.K 

Other Capital Transactions 

Increase in Liquid Reserves of Gold and U.S. Dollars 

Capital Movement 

UNRRA and Other Official Relief 

Balancing Item <3 > 



3,030 
119 
279 
70 
336 
313 

4,147 



150 

* 

16 
64 



2,598 

133 
325 
279 
341 

3,676 



113 
142 



432 
119 
146 
255 
57 
28 



471 



2,989 
139 
288 
83 
293 
278 

4,070 



19 



37 


* 


17 


* 


126 


13 


64 


5 


82 


* 


496 




456 


* 


19 


- 


4 





2,696 

191 
390 
255 
358 

3,890 



120 



U.K. and Other Sterling Area 
Current Account 

United Kingdom 

Merchandise Trade (Adjusted) 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total 

Other Sterling Area 

Merchandise Trade (Adjusted) 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items'" 

Total 

Total Sterling Area 

Merchandise Trade (Adjusted) 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Remaining Current Items 

Total 

Total Current Account— United Kingdom 

Other Sterling Area 

Total Sterling Area 
Capital Account 

Retirements of Canadian Securities 

Sales or Purchases of Outstanding Securities 

Repayts. on 1942 Canadian Loan to U.K 

Post War Loan to U.K 

Other Capital Transactions 

Capital Movement 

Net Receipts of Convertible Exchange 
from Sterling Area Transa ctions<" 

Balancing Item < 3 > 



703 
9 
9 

105 
96 



287 
12 
50 
34 
53 



416 

3 

41 

71 

43 



701 

11 

9 

89 

80 



922 

293 

1 

4 

34 

6 



436 

192 
4 

1 



486 

101 

3 

3 

27 

1 



890 

300 

2 

4 

30 

4 



338 

996 
10 
13 

139 

102 



209 

479 
16 
51 
41 
58 



129 

517 

6 

38 

98 

44 



1,260 

922 

338 

1,260 



64 



645 

436 
209 
645 

14 
4 

52 



615 

486 
129 
615 

14 
4 
64 
52 
20 



340 

1,001 

13 

13 

119 

84 

1,230 

890 

340 

1,230 



26 

597 

8 



300 
16 
55 
32 
44 



447 

187 
4 
1 
5 
8 



205 

487 
20 
56 
37 
52 



652 

447 
205 
652 



120 



APRIL 1950 
.NATIONAL PAYMENTS : 1948 AND 1949t 

' Statistics 



64 



Millions of Canadian Dollars 



1948 



Receipts Payments Balance 



1949t 



Receipts Payments Balance 



U.S. and Other Countries 
Current Account 

United States 

Merchandise Trade (Adjusted) 

Net Exports of Non-monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total 

Other "E.R.P." Countries 

Merchandise Trade (Adjusted) 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

TOTAL 

Other Countries 

Merchandise Trade (Adjusted) 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total 

Total U. S. and Other Countries 

Merchandise Trade (Adjusted) 

Net Exports of Non-monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total 

Total Current Account— United States 

other e.r.p. countries 

Other Countries 

Total U.S. and Other Countries 

Capital Account 

New Issues or Retirements of 

Canadian Securities 

Sales or Purchases of Outstanding Securities 

Export Credits (2) 

Other Capital Transactions, net 

Increase in Liquid Reserves of Gold 

and U.S. Dollars 

Capital Movement 

UNRRA & Other Official Relief 

Net Sales of Convertible Exchange Received 
from Sterling Area Transactions") . . 

Balancing Item (3) 



1,508 
119 
267 
37 
131 
185 

2,247 

296 

2 

6 

32 

12 



348 

230 

14 
34 
14 



292 

2,034 
119 
269 
57 
197 
211 



2,887 

2,247 

348 

292 

2,887 

150 

* 

16 



1,797 

113 
267 
213 
250 

2,640 

75 

3 

5 

15 

10 



108 

247 

1 

2 

10 

23 



283 

2,119 

117 
274 
238 
283 



3,031 

2,640 

108 

283 

3,031 

99 

* 

90 



19 



289 
119 
154 
230 
82 
65 



393 

221 
1 
1 

17 
2 



240 

17 
1 
12 
24 
'9 



9 

85 

119 

152 

217 

41 

72 



144 

393 

240 

9 

144 



51 
13 

74 
102 

496 



430 
19 

597 

4 



1,521 
139 
270 
40 
120 
171 



2,261 

246 

4 

14 

28 

12 



304 

221 

1 

16 

26 

11 



275 

1,988 
139 
275 
70 
174 
194 



2,840 

2,261 

304 

275 

2,840 



13 



1,899 

164 
325 
193 
274 



2,855 

79 
6 
7 

16 
9 



117 

231 

1 

2 

9 

23 



266 

2,209 

171 

334 
218 
306 



3,238 

2,855 

117 

266 

3,238 



378 
139 
106 

285 

73 

103 



594 

167 
2 
7 

12 
3 



187 

10 

14 
17 
12 



221 
139 
104 
264 
44 
112 



398 
594 
187 
9 
398 



31 
38 
13 
19 

134 



95 

487 
6 



t Preliminary. 

(1) This represents convertable exchange received from U.K. in part settlement of the sterling area deficiency with Canada, and available in turn for application 
to Canada's deficiency with the United States. 

(2) Under Part II of the Export Credits Insurance Act. 

(3) Reflects possible errors and the omissions of certain factors which cannot be measured statistically, such as changes in the timing of payments for goods and 
services. 

* Not available. 



65 



APRIL 1950 



CANADA 

Dominion Bureau of Statistic^ 



IX— WHOLESALE PRICES 

Index 1935-39 - 100 
U.K. 

Board of Trade m 





Farm 
Products 

• 


Raw 
Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.5 


143.0 


129.8 


141.0 


1947 


189.7 


180.6 


162.7 


154.2 


167.4 


1948 


229.6 


216.0 


202.4 


184.3 


198.9 


1949 

Monthly 

1949-Mar. 


225.2 
224.2 


222.0 
223.7 


205.2 
201.5 


186.9 
185.2 


203.6 
204.4 


Apr. 


224.5 


222.4 


205.5 


186.6 


204.3 


May 


225.2 


220.6 


205.9 


187.0 


202.9 


June 


230.2 


221.6 


209.6 


186.7 


202.7 


July 


231.4 


222.4 


211.4 


186.7 


203.1 


Aug. 


225.9 


219.2 


207.0 


187.0 


201.7 


Sept. 


222.6 


219.1 


205.6 


186.3 


201.6 


Oct. 


219.7 


222.0 


203.9 


187.8 


203.8 


Nov. 


220.0 


222.0 


203.2 


187.6 


203.6 


Dec. 


219.9 


221.6 


201.7 


187.4 


203.4 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.2 


176.4 


173.1 


193.1 


190.1 


220.9 


206.8 


231.7 


186.6 


222.1 


195.4 


228.1 


209.0 


232.9 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.6 


246.3 


226.2 


246.8 


226.4 


247.2 



U.S.A. 

Bureau of Labor Statistics™ 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.9 


139.9 


150.0 


238.1 


215.4 


213.2 


176.1 


188.5 


247.8 


232.3 


226.4 


192.4 


204.7 


217.7 


213.2 


204.1 


182.6 


192.3 


225.7 


217.7 


205.9 


186.1 


196.5 


224.3 


215.9 


205.9 


184.7 


194.7 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.6 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.7 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


211.8 


196.6 


180.0 


189.3 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926— 100. 

(2) Adjusted to 1935-39 = 100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39-100 from base 1926= 100. 

* An Independent series with different weighting and different prices from those included in the "Total Index" 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



Index 1935-39 = 100 



X— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.5 


128.8 


160.8 


First of Month 
















1948— Dec. 


202.0 


129.1 


181.5 


121.7 


166.2 


124.6 


158.9 


1949— Jan. 


202.2 


130.0 


181.9 


121.7 


167.0 


126.6 


159.6 


Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


12S.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


i28.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


L81.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


13S.0 


181.2 


132.7 


166.4 


132.3 


164.0 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450 -$2,500. with incomes between $l,0O0-$l, 600 most common 



APRIL 1950 



66 



XI— COMMERCIAL FAILURES' 1 

Dominion Bureau of Statistics 





NUMBER OF FAILURES 




LIABILITIES ] 


NVOLVED 




Calendar 














Thousands of Dollars 






Years 


Trade 


Manu- 
factures 


Other 


Total 


Maritime 
Provinces 


Quebec 


Ontario 


Prairie 
Provinces 


British 
Columbia 


Total 


1926 


805 


390 


578 


1,773 


1,018 


13,391 


13,288 


2,373 


2,222 


32,291 


1927 


818 


430 


593 


1,841 


1,149 


11,483 


14,250 


3,078 


596 


30,555 


1928 


884 


505 


648 


2,037 


1,436 


12,325 


13,881 


3,832 


981 


32,455 


1929 


1,100 


443 


624 


2,166 


929 


12,476 


14,791 


3,260 


7,292 


38,748 


1930 


1,204 


488 


710 


2,402 


1,035 


15,921 


21,025 


5,961 


4,223 


48,164 


1931 


1,102 


464 


650 


2,216 


996 


23,567 


17,084 


8,404 


2,503 


52,553 


1932 


1,171 


468 


781 


2,420 


1,972 


17,176 


23,246 


6,708 


2,527 


51,629 


1933 


1,089 


357 


598 


2,044 


1,058 


15,544 


12,391 


2,987 


974 


32,954 


1934 


799 


217 


516 


1,532 


728 


11,967 


7,419 


1,467 


2,018 


23,598 


1935 


594 


180 


540 


1,314 


512 


8,253 


6,053 


1,694 


1,054 


17,567 


1936 


536 


191 


471 


1,198 


352 


6,952 


6,244 


1,126 


471 


15,145 


1937 


584 


182 


360 


1,126 


337 


7,008 


5,126 


1,018 


815 


14,303 


1938 


667 


200 


352 


1,219 


1,127 


6,804 


4,404 


1,272 


410 


14,017 


1939 


664 


210 


518 


1,392 


933 


6,673 


4,906 


1,620 


957 


15,089 


1940 


591 


167 


415 


1,173 


361 


4,971 


3,370 


923 


1,038 


10,663 


1941 


482 


132 


394 


1,008 


263 


5,100 


2,874 


625 


273 


9,134 


1942 


342 


80 


315 


737 


106 


3,879 


1,548 


398 


88 


6,019 


1943 


124 


49 


248 


421 


132 


3,820 


907 


72 


408 


5,340 


1944 


76 


45 


156 


277 


66 


2,186 


802 


711 


279 


4,044 


1945 


58 


54 


160 


272 


25 


2,720 


878 


126 


246 


3,995 


1946 


77 


57 


144 


278 


736 


3,294 


584 


1,064 


289 


5,967 


1947 


153 


152 


240 


545 


177 


6,954 


1,963 


257 


726 


10,078 


1948 


289 


188 


336 


813 


331 


10,622 


2,728 


431 


1,612 


15,724 


1949 


374 


232 


460 


1,066 


189 


12,842 


5,222 


1,117 


1,985 


21,356 



(1) Compilation of assignments made under the Bankruptcy and Winding Up Acts. 



MILLIONS OF DOLLARS 



COMMERCIAL FAILURES 

CALENDAR YEAR TOTALS 



THOUSANDS 




PERCENTAGE DISTRIBUTION OF FAILURES 
BY TYPE OF BUSINESS 



NUMBER OF FAILURES 
t THOUSANDS) 







1929 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 



■ 



67 



APRIL 1950 







XII -GROSS NATIONAL EXPENDITURE 








Millons of Dollars 






Dominion 


of Bureau Statistics 












(W2> 
Exports 
of 


Private Investment 


Govt. Expenditure 


Personal 
Expenditure 


Total 


(2) 
Cost of 
Imports 


Residual 
Error of 


Gross 


Calendar 






Mutual Aid, 




National 




Goods and 


Plant, 


(3) 


and 




on Goods 


of 


of Goo Is 


Estimate or 


Expenditure 




Services 


Equipment 
and Housing 


Inventories 


Foreign 
Relief 


Other 


and 
Services 


Foregoing 


and 
Services 


Omissions 


at Market 
Prices 


1926 


1,650 


681 


154 


— 


523 


3,654 


6,662 


1,522 


56 


5,196 


1927 


1,618 


774 


166 


- 


567 


3,885 


7,010 


1,629 


66 


5,447 


1928 


1,773 


940 


206 


- 


589 


4,196 


7,704 


1,808 


89 


5,985 


1929 


1,632 


1,107 


10 


- 


686 


4,383 


7,818 


1,945 


83 


5,956 


1930 


1,286 


916 


177 


- 


765 


4,091 


6,881 


1,625 


92 


5,348 


1931 


967 


610 


237 


- 


735 


3,594 


5,669 


1,142 


47 


4,480 


1932 


804 


322 


166 


- 


640 


3,066 


4,666 


901 


47 


3,718 


1933 


826 


221 


105 


- 


521 


2,848 


4,311 


828 


15 


3,468 


1934 


1,018 


296 


49 


- 


572 


3,030 


4,965 


948 


55 


3,962 


1935 


1,143 


360 


49 


- 


611 


3,209 


5,372 


1,017 


70 


4,285 


1936 


1,428 


446 


45 


- 


594 


3,420 


5,843 


1,183 


16 


4,644 


1937 


1,591 


633 


74 


- 


650 


3,733 


6,681 


1,409 


7 


5,279 


1938 


1,356 


576 


6 


- 


695 


3,770 


6,403 


1,257 


19 


5,165 


1939 


1,451 


554 


327 


- 


724 


3,861 


6,917 


1,328 


9 


5,598 


1940 


1,805 


713 


371 


- 


1,156 


4,379 


8,424 


1,626 


26 


6,772 


1941 


2,458 


995 


217 


- 


1,750 


5,014 


10,434 


1,967 


33 


8,434 


1942 


2,322 


931 


335 


1,002 


2,815 


5,565 


12,970 


2,275 


171 


10,524 


1943 


3,403 


828 


40 


518 


3,753 


5,869 


14,331 


2,858 


175 


11,298 


1944 


3,566 


756 


82 


960 


4,115 


6,330 


15,645 


3,539 


209 


11,897 


1945 


3,580 


882 


300 


858 


2,852 


6,999 


14,871 


2,893 


219 


11,759 


1946 


3,203 


1,362 


467 


97 


1,751 


7,952 


14,832 


2,871 


25 


11,936 


1947 


3,629 


2,057 


879 


38 


1,513 


9,126 


17,242 


3,612 


39 


13,591 


1948 


4,044 


2,663 


646 


19 


1,768 


10,083 


19,223 


3,645 


107 


15,471 


1949* 


3,974 


2,829 


12 


— 


2,108 


10,750 


19,673 


3,824 


94 


15,943 









GROSS NATIONAL PRODUCT 








Millons of Dollars 






Dominion Bureau of Statistics 










Calendar 
Years 


Wages and 
Other 
Labour 
Income 


Military 
Pay and 

Allowances 


(4) 

Investment 
Income 


Net Income of 
Individual Enterprises 


Net 
National 
Income 
at Factor 

Cost 


Indirect 

Taxes 

Less 

Subsidies 


(5) 

Depreciation 

and 

Similar 

Business 

Costs 


Residual 
Error of 
Estimate 

or 
Omissions 


Gross 
National 


Agricul- 
ture 


Other Un- 
incorporated 
Business 


Product 

at Market 

Prices 


1926 


2,299 


7 


602 


691 


479 


4,078 


612 


561 


55 


5,196 


1927 


2,465 


7 


663 


640 


516 


4,291 


629 


593 


66 


5,447 


1928 


2,658 


7 


839 


693 


553 


4,750 


677 


647 


89 


5,985 


1929 


2,839 


8 


814 


443 


585 


4,689 


674 


677 


84 


5,956 


1930 


2,750 


8 


592 


359 


481 


4,190 


594 


656 


92 


5,348 


1931 


2,386 


8 


327 


146 


394 


3,261 


585 


587 


47 


4,480 


1932 


1,971 


8 


201 


108 


294 


2,582 


566 


522 


48 


3,718 


1933 


1,791 


8 


233 


98 


257 


2,387 


566 


500 


15 


3,468 


1934 


1,969 


8 


379 


190 


274 


2,820 


585 


502 


55 


3,962 


1935 


2,093 


9 


451 


238 


326 


3,117 


596 


502 


70 


4,285 


1936 


2,221 


9 


565 


273 


378 


3,446 


656 


526 


16 


4,644 


1937 


2,494 


9 


758 


326 


430 


4,017 


713 


557 


8 


5,279 


1938 


2,506 


9 


681 


371 


419 


3,986 


637 


560 


18 


5,165 


1939 


2,583 


32 


783 


461 


430 


4,289 


737 


582 


10 


5,598 


1940 


2,944 


193 


1,127 


508 


483 


5,255 


837 


655 


25 


6,772 


1941 


3,586 


386 


1,487 


548 


587 


6,594 


1,056 


751 


33 


8,434 


1942 


4,251 


641 


1,737 


1,089 


664 


8,382 


1,087 


883 


172 


10,524 


1943 


4,746 


910 


1,778 


969 


690 


9,093 


1,117 


912 


176 


11,298 


1944 


4,908 


1,068 


1,774 


1,213 


749 


9,712 


1,113 


863 


209 


11,897 


1945 


4,915 


1,117 


1,905 


959 


851 


9,747 


1,007 


785 


220 


11,759 


1946 


5,322 


340 


1,978 


1,130 


1,026 


9,796 


1,269 


846 


25 


11,936 


1947 


6,212 


83 


2,307 


1,210 


1,126 


10,938 


1,604 


1,009 


40 


13,591 


1948 


7,113 


82 


2,348 


1,660 


1,252 


12,455 


1,767 


1,141 


108 


15,471 


1949* 


7,630 


115 


2,373 


1,587 


1,272 


12,977 


1,782 


1,277 


93 


15,943 



(1) Excludes exports financed by Government of Canada expenditure on Mutual Aid and foreign relief. 

(2) Minor adjustments have been made (by D.B.S.) to the figures of current receipts and payments as shown in the "Canadian Balance of International 
Payments" to achieve consistency with other component series. 

(3) Includes grain held by the Canadian Wheat Board. 

(4) Includes corporation profits before taxes have been deducted. 

(5) Includes an estimate of capital outlay charged to current account and also the claim portion of fire insurance premiums. 
* Preliminary. 



APRIL 1950 

XIII 

Millions of Dollars 



68 



PERSONAL INCOME AND DISPOSITION OF PERSONAL INCOME 

Dominion Bureau of Statistics 





Interest, (U 
Dividends 


All OtherU) 


Social 

Insurance 

Con- 


Transferd) 


Total 






Personal 

Expenditure 


Personal Savings 


Percentage 








of 


Calendar 


and Net 


Personal 


tributions 


Payments 


Personal 


Direct 


Disposable 


on Consumer 




Total 


Disposable 


Years 


Rental 


Earnings 


and Govt. 


from Govt. 


Income 


Taxes 


Income 


Goods 


In Farm 


(lncl. Farm 


Income 




Income 




Pension 
Funds 


to Persons 








and 
Services 


Inventories 


Inventories) 


Saved 


1926 


486 


3,476 


16 


77 


4,023 


54 


3,969 


3,654 


66 


315 


7.9 


1927 


508 


3,628 


18 


84 


4,202 


61 


4,141 


3,885 


51 


256 


6.2 


1928 


564 


3,911 


20 


92 


4,547 


60 


4,487 


4,196 


5 


291 


6.5 


1929 


584 


3,875 


25 


98 


4,532 


68 


4,464 


4,383 


144 


81 


1.8 


1930 


595 


3,598 


26 


121 


4,288 


71 


4,217 


4,091 


66 


126 


3.0 


1931 


559 


2,934 


23 


165 


3,635 


63 


3,572 


3,594 


1 


22 


.6 


1932 


460 


2,381 


21 


170 


2,990 


63 


2,927 


3,066 


20 


139 


4.7 


1933 


428 


2,154 


20 


196 


2,758 


67 


2,691 


2,848 


29 


157 


5.8 


1934 


416 . 


2,441 


21 


230 


3,066 


63 


3,003 


3,030 


12 


27 


.9 


1935 


437 


2,666 


22 


241 


3,322 


80 


3,242 


3,209 


13 


33 


1.0 


1936 


435 


2,881 


25 


248 


3,539 


93 


3,446 


3,420 


45 


26 


.8 


1937 


489 


3,259 


29 


281 


4,000 


112 


3,888 


3,733 


22 


155 


4.0 


1938 


525 


3,305 


32 


262 


4,060 


112 


3,948 


3,770 


36 


178 


4.5 


1939 


570 


3,506 


34 


249 


4,291 


no 


4,181 


3,861 


60 


320 


7.7 


1940 


611 


4,128 


37 


224 


4,926 


136 


4,790 


4,379 


80 


411 


8.6 


1941 


637 


5,107 


68 


197 


5,873 


290 


5,583 


5,014 


58 


569 


10.2 


1942 


715 


6,645 


110 


226 


7,476 


494 


6,982 


5,565 


368 


1,417 


20.3 


1943 


757 


7,315 


124 


216 


8,164 


697 


7,467 


5,869 


62 


1,598 


21.4 


1944 


806 


7,938 


132 


263 


8,875 


837 


8,038 


6,330 


124 


1,708 


21.2 


1945 


848 


7,842 


135 


552 


9,107 


805 


8,302 


6,999 


238 


i,303 


15.7 


1946 


890 


7,818 


149 


1,111 


9,670 


797 


8,873 


7,952 


41 


921 


10.4 


1947 


1,047 


8,631 


181 


848 


10,345 


791 


9,554 


9,126 


111 


428 


4.5 


1948 


1,157 


10,107 


223 


851 


11,892 


821 


11,071 


10,083 


65 


988 


8.9 


1949* 


1,212 


10,604 


238 


917 


12,495 


786 


11,709 


10,750 


106 


959 


8.2 



(1) Interest on government debt not incurred to finance existing real assets is included with other interest and is excluded from transfer payments. Includes 
charitable donations from corporations. 

(2) Salaries, wages and supplementary labour income, net income of agriculture and other unincorporated business and military pay and allowances, as shown 
on facing page. 

(3) Includes succession duties. * Preliminary. 



PERSONAL INCOME 



MILLIONS OF DOLLARS 

12500 



10000 



DISPOSITION OF PERSONAL INCOME 

MILLIONS OF DOLLARS 



7500 



5000 



2500 




TOTAL PERSONAL INCOME 




12500 



10000 



J 7500 

PERSONAL DIRECT'*' i 



3 ENDITURE ON CONSUMEP 
GOODS 8. SERVICES 



35000 



2500 



0A INTEREST.DIVIDENDS 8. NET RENTAL INCOME >K 

Q&.AXX X X X y. A ,-, k x X X XXV XXX *"* XX X X X.x^l^XX.^AAi^^^^AXXSQ 



LL 



'A: '.' '/'.'. 



■ '<.-:/,:/A ' ■ >- : .;Jq 



1939 40 41 42 43 44 45 46 47 48 49 1939 40 41 42 43 44 45 46 47 48 49 

(1) Salaries, wages and supplementary labour income, net income of agriculture and other unincorporated business and military pay and 
allowances. Employer and employee contributions to social insurance and government pension funds have been deducted. 

(2) Includes succession duties. 



69 



APRIL 1950 I 



Millions of Dollars 



XIV— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS '* 





TOTAL EXPORTS (EXCLUDING GOLD) TO 




U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


94 


83 


115 


307 


127 


163 


3,124 


1949 


1,529 


709 


72 


76 


152 


254 


134 


97 


3,022 


12-Mths. ending 

Mar. 1950 l6) 


1,603 


670 


67 


73 


133 


239 


131 


91 


3,007 


Monthly 

1949-Jan. 


117.7 


57.0 


6.6 


4.3 


14.1 


21.8 


8.2 


10.9 


240.5 


Feb. 


108.1 


47.6 


4.5 


2.8 


11.8 


15.7 


9.0 


9.3 


208.8 


Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


15.1 


7.1 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.4 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950- Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


Mar. (6) 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 



Millions of Dollars 




MERCHANDISE IMPORTS"' 










TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


ok 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 


Area 


Colonies 


South 














Africa 


(3) 


(4) 


America 


(5) 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


106 


4 


77 


83 


193 


39 


2,760 


12-Mths. ending 




















Feb. 1950 <6) 


1,936 


309 


102 


4 


81 


82 


187 


41 


2,742 


Monthly 




















1949-Jan. 


164.8 


25.3 


5.1 


.2 


5.6 


6.3 


14.3 


2.1 


223.7 


Feb. 


148.8 


22.9 


7.6 


.3 


4.0 


5.5 


13.7 


3.2 


206.0 


Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.9 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


S.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. C6) 


143.3 


25.3 


4.2 


.2 


6.9 


5.7 


10.6 


3.0 


200.1 



514 
225 
488 
263 

257 

16.7 

2.9 

9.7 

6.0 

27.9 

14.0 

13.9 

35.8 

12.4 

40.7 

53. S 

60.5 

12.1 
1.5 



* Commencing April 1. 1940, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



(3) 

(4) 
(5) 

(6) 



1947 articles admitted free under Order in Council (9213) and the item 

"Canadian Goods Returned" (9195) are excluded. 

Consists of Eire, India, Pakistan, Burma. Australia, New Zealand, Iceland. 

Ceylon and Iraq. Egypt is included in All Other. 

Excludes Spain, but includes Greece. Turkey, and British Sudan. 

Includes Egypt, Spain, Palestine, and also Newfoundland until March 31. 

1949. 

Preliminary. 



70 



EXPORTS AND IMPORTS BY COUNTRIES" 



EXPORTS 



IMPORTS 



MILLIONS OF DOLLARS 

1700 



RUNNING 12- MONTH TOTALS 




MILLIONS OF DOLLARS 

2100 



2000 



DMJ SDMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 




DMJ SDMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 



* Excluding gold. See footnotes to table on page 69. 



• 



71 



APRIL 1950 



Millions of Dollars 



XV— MERCHANDISE IMPOJ 

Compiled from "Trade of Ca 
(1 



Calendar 
Years 



Fruits 
and 
Nuts 



Vegetables 



Grains 
and 

Milled 
Products 
(incl. rice) 



Sugar 

and 

Products 



Tea 

and 

Coffee 



Alcoholic 
Beverages 

(1) 



Vegetable 
Oils 
(non- 
edible) 



Rubber 
(incl. syn- 
thetic) 



Furs 



Hides 
and 

Leather 
(unmfd. 
and mfd.) 



1929 
1932 
1937 

1946 
1947 
1948 
1949 

12-Mths. ending 

Feb. 1950 

Monthly 

1949— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1950— Jan. 
• - ' Feb. 



39 
21 
29 

118 

100 

91 

96 

97 

6.5 

5.1 
6.5 
8.0 
7.1 
8.8 

8.9 

7.7 

7.2 

10.4 

10.5 

9.2 

5.8 
7.3 



11 
5 
6 

27 

25 

8 

19 

20 

1.0 
1.7 
2.2 
2.5 
2.8 
3.3 

1.2 

.4 

.2 

.9 

1.2 

1.7 

1.9 
2.1 



26 
6 

18 

20 
36 
31 
26 

25 

1.5 
.9 
1.3 
1.1 
2.0 
1.9 

2.1 
2.0 
2.2 
3.1 
5.1 
2.6 

1.0 
1.0 



28 
17 
21 

40 
57 
72 
71 

68 

2.1 
4.9 
4.1 
6.1 
7.7 
6.8 

5.7 
5.7 
5.1 
7.9 
10.7 
4.5 

2.0 
1.7 



18 
10 
14 

26 
35 
42 

50 

53 

4.8 
3.2 
3.0 
4.4 
4.2 
4.2 

3.6 
3.9 
4.2 
4.5 
5.7 
4.4 

6.0 
5.1 



47 

17 

8 

13 
14 
16 
22 

22 

1.7 
1.5 
2.0 
1.9 
1.4 
1.4 

1.6 
1.6 
1.6 
1.8 
2.7 
3.1 

1.6 
1.0 



12 

5 

16 

12 
23 
19 
21 

20 

1.5 
2.2 
1.9 
1.4 
1.4 
1.3 

1.3 
1.5 
1.5 
2.5 
2.4 
1.6 

1.7 
1.9 



23 

4 
19 

20 
29 
32 
29 

29 

3.0 

2.9 
3.0 
2.0 
2.6 
1.7 

1.8 
2.5 
1.8 
2.7 
2.7 
2.4 

3.0 
3.1 



15 

4 

8 

27 
22 
25 
20 

17 

3.7 
3.1 
1.7 
1.3 
1.1 
1.1 

.6 
.6 
1.8 
1.8 
1.6 
1.2 

2.3 
2.3 



20 

6 

12 

13 
26 
19 
25 

26 

2.0 
1.9 
2.5 
2.8 
2.0 
1.8 

1.6 
2.2 
2.4 
1.9 
1.7 
1.8 

2.3 
2.5 



Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs, Ingots 
Blooms 

and 
Billets 


Bars and 

Rods incl. 

Rails 


Sheets, 

Plates, 

Hoop, Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 

and 
Forgings 


Engines, 
Loco- 
motives 
and Boilers 


Farm 
Implements 

and 
Machinery 


Machinery 
(except 

agri- 
cultural) 


r 

M, 

Vel ; 
a 
Pi 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


1 


1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


I 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 




1946 


93 


6 


1 


8 


38 


8 


7 


29 


68 


130 


1 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


1 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


1 


1949 


131 


12 


7 


13 


67 


18 


13 


59 


177 


216 


1 


12-Mths. ending 

Feb. 1950 


132 


12 


5 


11 


62 


18 


12 


54 


176 


214 


1 


Monthly 

1949— Jan. 


10.9 


.2 


.7 


1.4 


6.6 


1.3 


1.0 


6.5 


13.7 


18.8 


111 


Feb. 


9.6 


- 


.9 


1.5 


6.2 


1.5 


1.1 


4.6 


13.8 


16.3 


12 


Mar. 


10.5 


- 


1.2 


1.6 


7.9 


1.6 


1.3 


5.9 


17.2 


20.7 


1-1 


Apr. 


11.1 


.2 


1.5 


1.9 


8.1 


1.8 


1.3 


4.9 


18.2 


20.4 


Ui 


May 


10.6 


1.5 


1.0 


1.4 


6.8 


2.9 


1.4 


4.5 


17.5 


20.3 


17 


June 


10.8 


2.0 


.3 


1.4 


6.9 


2.7 


1.2 


6.0 


17.1 


19.3 


l-r 


July 


9.9 


3.2 


.4 


.9 


5.2 


1.2 


1.1 


4.9 


15.9 


18.2 


iei 


Aug. 


9.5 


1.9 


- 


.7 


5.3 


1.3 


.8 


4.S 


14.1 


14.1 


13! 


Sept. 


10.6 


.7 


.1 


.8 


5.2 


1.6 


.7 


4.1 


14.1 


16.6 


Li 


Oct. 


12.2 


1.8 


.1 


.5 


2.9 


.7 


.7 


4.2 


12.2 


17.7 


l-i' 


Nov. 


13.1 


.2 


.3 


.4 


1.9 


.5 


1.1 


3.9 


12.6 


17.1 


LI 


Dec. 


11.8 


.3 


.1 


.5 


3.9 


1.2 


.8 


4.3 


10.6 


16.7 


12! 


1950— Jan. 


11.0 


_ 


.1 


.5 


4.4 


1.2 


.7 


3.6 


13.1 


IN. 2 


17 


Feb. 


10.5 


— 


.1 


.6 


3.9 


1.3 


.5 


3.3 


13.3 


14.7 


IS 



(1) Before 1935 import totals are substantially over-valued owing to inclusion oi U.1C. excise taxes on spirits imported from that country. 
in Council (9213) and the item "Canadian Goods Returned" (9195) are excluded. 



tlm ports (r 



72 



)|IM0DITY classification 

iion Bureau of Statistics 



Millions of Dollars 



j Cotton 


Silk 

(raw and 

mfd.) 


W( 


)OL 


Artificial 
Silk 


Flax, Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




f 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


■ — 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


> 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 




20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


> 


75 


4 


30 


35 


22 


23 


31 


19 


31 


20 


1946 


L 


119 


7 


30 


54 


34 


38 


46 


23 


32 


35 


1947 


_ 


78 


4 


48 


67 


30 


27 


39 


17 


31 


25 


1948 


I 
J 

5 


73 

68 
8.9 


6 
6 
.6 


37 

39 

2.3 


03 

59 

6.2 


30 

26 

3.7 


20 

21 

2.6 


37 

38 

3.2 


20 
20 
1.6 


36 

37 

2.5 


30 

31 

2.1 


1949 

12-Mths. ending 

Feb. 1950 

Monthly 

Jan.— 1949 


! 


8.0 


.5 


2.5 


6.2 


3.6 


.9 


2.7 


1.6 


2.5 


2.4 


Feb. 


7.6 


.4 


4.0 


6.9 


3.5 


1.7 


2.9 


1.8 


2.9 


2.6 


Mar. 


) 


8.3 


.4 


3.6 


6.7 


3.6 


1.9 


3.1 


1.7 


2.9 


2.7 


Apr. 


j 


7.2 


.4 


4.9 


6.1 


2.9 


1.7 


3.3 


1.7 


2.6 


2.6 


Mav 


3 


8.3 


.4 


4.1 


5.1 


3.1 


1.5 


2.9 


1.7 


2.7 


3.0 


June 





5.2 


.5 


3.2 


6.0 


2.1 


1.7 


3.2 


1.5 


2.6 


2.3 


July 


8 


3.6 


.4 


3.1 


5.7 


1.5 


1.4 


3.2 


1.5 


3.0 


2.5 


Aug. 


2 


3.3 


.4 


2.0 


4.2 


1.4 


1.7 


2.9 


1.6 


3.7 


2.7 


Sept. 





4.2 


.5 


3.0 


3.2 


1.6 


1.9 


3.1 


2.0 


3.7 • 


2.5 


Oct. 


i 


4.5 


.5 


2.3 


3.5 


1.7 


1.9 


3.4 


1.8 


3.8 


2.7 


Nov. 





4.2 


.5 


2.5 


2.8 


1.4 


1.1 


3.0 


1.6 


3.2 


2.1 


Dec. 


5 


6.1 


.6 


3.0 


4.6 


1.8 


1.9 


3.8 


1.6 


3.2 


2.3 


Jan.— 1950 


3 


5.4 


.6 


3.3 


4.1 


1.6 


2.1 


3.7 


1.7 


3.0 


2.7 


Feb. 



er 

n 
i 
el 


Bauxite 
Ore 


Tin 

and 

Pioducts 


Electrical 
Apparatus 


Other 

Non-ferrous 
Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


All 

Other 

Imports 


Totalt 
Imports 


Calendar 
Years 





3 


3 


37 


48 


64 


77 


11 


35 


75 


1,299 


1929 


4 


2 


1 


8 


11 


35 


43 


5 


13 


33 


453 


1932 


3 


4 


3 


1.6 


25 


42 


59 


9 


27 


48 


809 


1937 


9 


9 


6 


48 


58 


133 


123 


23 


53 


119 


1,864 


1946 


7 


9 


7 


69 


77 


154 


207 


29 


63 


159 


2,570 


1947 


8 


10 


8 


62 


76 


206 


301 


26 


73 


115 


2,636 


1948 


3 
3 
6 


10 
10 
.3 


8 
6 
.3 


70 

71 

5.5 


87 

90 

6.7 


157 

155 

13.6 


274 
269 
19.8 


25 
26 
1.9 


79 

79 

4.9 


157 

157 

10.5 


2,760 
2,742 
223.7 


1949 

12-Mths. ending 

Feb. 1950 

Monthly 

Jan.— 1949 


4 


.2 


2.2 


5.4 


6.5 


10.9 


15.9 


1.9 


5.0 


9.5 


206.0 


Feb. 


7 


.1 


1.3 


5.8 


8.3 


12.7 


16.8 


2.0 


5.7 


12.0 


235.9 


Mar. 


3 


.4 


.4 


6.4 


8.6 


13.2 


16.6 


2.3 


6.1 


13.7 


242.7 


Apr. 


5 


.6 


.2 


5.7 


7.5 


12.6 


26.4 


2.1 


8.0 


13.9 


250.5 


May 


7 


1.4 


.4 


5.5 


6.9 


15.9 


24.6 


2.1 


7.5 


14.9 


250.5 


June 


2 


1.1 


.4 


4.8 


5.2 


13.5 


28.3 


1.9 


6.7 


13.9 


230.8 


July 


3 


1.3 


1.1 


5.4 


5.8 


11.5 


23.6 


2.0 


7.4 


14 5 


211.4 


Aug. 


4 


1.5 


.2 


5.3 


5.6 


14.4 


27.2 


2.1 


7.6 


14 5 


221.4 


Sept. 


8 


1.4 


.3 


7.5 


8.0 


12.1 


25.2 


2.4 


7.8 


14 1 


234.2 


Oct. 


6 


1.5 


.6 


6.8 


9.7 


13.9 


23.0 


2.8 


7.5 


14.0 


239.5 


Nov. 


4 


.2 


.4 


5.8 


8.3 


12.5 


26.4 


2.0 


5.0 


11.0 


213.3 


Dec. 


•'! 


.6 


.-1 


(i.7 


9.1 


12.3 


16.1 


2.0 


5.1 


10.8 


211.9 


Jan.— 1950 


i 


.1 


.3 


5 . 5 


7.2 


10.1 


15.2 


2.0 


4.6 


9.5 


200.1 


Feb. 



Kingdom do not include articles imported for the use of the armed forces of the United Kingdom. In the years 1946 and 1947 articles free under Order 



STATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 73-74 

Currency and Active Bank Deposits 73 

General Public Holdings of Certain Liquid Assets 74 

II Chartered Banks: 

Liabilities and Assets 75-76 

III General Public Holdings of Certain Liquid Assets 75-78 

IV Security Prices: 

Government Securities Payable in Canada only 79 

Yields of Government of Canada Bonds, Payable in Canada only . 79 

Government Securities, Canada, U.K. and U.S. A 80 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 80 

V Profit Statistics for 450 Comfanies: 1938-49 81 

Profit Statistics for 450 Companies 82 

VI Business Activity 82 

VII Wholesale Prices 83 

VIII Cost of Living 83 

IX Newsprint: North America 84 

Newsprint : North A merica : Supply and Consumption ... 84 

X Farm Prices of Agricultural Products ... 85 

Farm Prices of Agricultural Products and Farm Operating 

and Living Costs 85 

XI Farm Operating and Living Costs 86 

XII Net Income of Farm Operators From Farm Operations 86 

XIII Exports and Imports By Countries 87 

Merchandise Trade: Exports, Imports and Balance .... 88 

XIV Merchandise Exports: Commodity Classification 89-90 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRF.D TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 

MAY 1950 



73 



Millions of Dollars 



LIABILITIES 



Chartered Bank Cash 



Notes 
in Tills 



Deposits 

at 
B. of C. 



Total 



Govt, of 
Canada 
Deposits 



Other 
Deposits 



Foreign 
Currency 

Deposits 11 ' 



Active 

B. of C. 

Note 

Circulation 



All 

Other 

Accounts 



Toi 
Liabiij 

O) 

Ass', 



Average of 
Month-end Figures 

1935-10 Mths. 
1937-12 Mths. 
1939 

1944 
1945 
1946 
1947 
1948 
1949 

End of 

1948— Nov. 

Dec. 
1949— Jan. 

Feb. 

Mar. 

Apr. 

1949— Nov. 

Dec. 
1950— Jan. 

Feb. 

Mar. 

Apr. 



36.7 
46.2 
55.6 

122.2 
138.1 
144.3 
152.9 
163.8 
180.8 

190.2 
190.8 
182.2 
167.4 
165.8 
161.7 

201.6 
211.8 
200.2 
179.5 
150.5 
165.5 



175.8 
193.7 
212.6 

404.7 
454.8 
528.8 
512.0 
541.6 
567.7 

579.6 
547.3 
545.1 
531.0 
540.3 
587.3 

544.7 
541.7 
530.7 
554.8 
567.3 
551.6 



212.5 
239.9 
268.2 

526.9 
592.9 
673.1 
664.7 
705.4 
748.4 

769.8 
738.1 
727.3 
698.4 
706.1 
749.0 

746.3 
753.5 
730.9 
734.4 
717.8 
717.1 



20.7 
24.3 
29.8 

41.2 
56.7 
99.4 
140.7 
90.5 
98.4 

86.5 

98.1 

141.8 

178.4 

62.6 

115.1 

27.2 
30.7 
94.3 
24.3 
71.2 
41.3 



.6 

1.1 

10.2 

26.1 
36.2 
76.9 
65.8 
85.1 
79.9 

64.1 
81.0 
86.8 
79.6 

84.8 
80.8 

84.1 
126.9 
145.8 
176.4 
150.7 
'199.8 



28.7 

171.7 

27.3 

1.3 

.3 

57.4 

.1 
.4 

.4 
87.3 
66.1 

71.6 
79.6 
78.6 
82.2 
79.2 
91.5 



50.1 

94.9 

129.3 

821.3 

940.9 

981.7 

1,009.1 

1,055.6 

1,086.8 

1,083.3 
1,098.3 
1,047.0 
1,054.5 
1,079.5 
1,103.0 

1,081.4 
1,095.6 
1,059.0 
1,071.1 
1,108.0 
1,104.3 



6.6 
13.2 
11.0 

36.7 
42.4 
40.5 
38.1 
36.3 
38.7 

59.2 
42.7 
42.5 
25.3 
31.7 
26.9 

45.1 
39.5 
42.1 
21.9 
36.9 
27.S 






29 

373 

44$ 

1.48 

1,84] 

1,89 

1,91 

1,97 

2,10 

2,06i 

2,05 

2,04 

2,03 

2,05 1 

2,14 

2,05! 

2,12! 

2,15i 

2,11 : 

2,16 

2,18 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. ♦May 194 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the F 



CURRENCY AND ACTIVE BANK DEPOSITS 



MILLIONS OF DOLLARS 



5000 



4000 



3000 



MILLIONS Or DOLLARS 

5000 



4000 




3000 



2000 



1000 



DJFMAMJJASONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASOND 

1947 1948 1949 1950 

For figures and footnotes see table III on pages 75 to 78. 



MAY 1950 
CANADA 



74 



Millions of Dollars 



ASSETS 














Securities 












old 


Silver 


Foreign*" 
Exchange 












Advances 


All 
Other 

Accounts 




Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 




Under 2 yrs. 


Over 2 yrs. 






















Average of 






















Month-end Figures 


1.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


12.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


0.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 








- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


_ 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


_ 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


_ 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


.1 


1,222.1 


794.0 


25.0 


- 


2,041.1 


- 


21.7 


Nov.— 1948 


- 


- 


.5 


1,233.7 


779.1 


25.0 


- 


2,037.7 


- 


20.4 


Dec. 


- 


- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 


- 


- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 


- 


.- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 


- 


- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 


_ 


- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov.— 1949 


- 


- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec. 


- 


- 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


- 


42.6 


Jan. — 1950 


- 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


- 


25.7 


Feb. 


- 


- 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. 


- 


— 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


— 


25.9 


Apr. 



uent figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
tige Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



20000 



16000 



MONTH-END FIGURES 




12000 £ 



8000 



4000 




Q mmMMmm 



20000 



6000 



12000 



8000 



4000 



DJFMAMJ JASONDJFMAMJJASONDJFMAMJ JA 

1947 1948 1949 

* For figures and footnotes see table III on pages 75 to 78. 



DJFMAMJJASON-D 
1950 



- 



75 



MAY 19S 



Millions of Dollars 



II— CHA 

Be: 







LIABILITIES 








Notes 


Deposits 


Cash 
in o 


Securities 








Govt, of 


Canadian 




Total 


. Govt, of Canada 


Foreign 
Govt. 








Demand 


Notice 


Canada 


Deposits 
<i) 


Foreign 


Deposits 

(2) 


, Canada 


and Provincial 


cjh 










and Prov. 






Under 2 yrs 


Over 2 yrs. 






Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 




1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 




1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 




1 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 




4 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 




H 


1949 

End of 

1948-Nov. 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 




4 


16 


2,534 


4,086 


401 


7,090 


819 


8,005 


770 


927 


2,460 


242 




4 


Dec. 


16 


2,544 


4,057 


426 


7,099 


811 


8,002 


738 


922 


2,513 


242 




4 


1949-Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 




4 


Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 




4 


Mar. 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 




•J 


Apr. 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 




4 


1949-Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 




- 


Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 




- 


1950-Jan. 


1(6) 


2,406 


4,494 


296 


7,287 


744 


8,125 


731 


1,023 


2,544 


251 




- 


Feb. 


- 


2,391 


4,537 


349 


7,350 


728 


8,191 


734 


1,049 


2.540 


252 




- 


Mar. 


- 


2,399 


4,572 


429 


7,490 


719 


8,307 


718 


995 


2,661 


229 




- 


Apr. 


- 


2,330 


4,560 


411 


7,382 


737 


8,137 


717 


956 


2,646 


235 




- 


(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Can: 




month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartere 




uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 




Ill— GENERAL PUBLIC HOLD! 


Millions of Dollars 




Currency and Active Bank Deposits 


T, 

Cur 

a 






Currency 
Outside Banks 


Active Bank Deposits 






Chartered Banks 


(7) 

Rank of 






























i 




Notes (1> 


Coin") 


Total 


(3) 

Demand 


Active (4) 
Notice 


Other' 6 ' 
excl. 
Govt. 


Total 


Deduct^ 
Float 


Net 
Total 


Canada 
"Other" 
Deposits 


Total 


Ac 

H 
Der 


) 














of Canada 












As at Dec. 31 


























1938 


207 


31 


238 


734 


187 


42 


963 


116 


847 


3 


850 


1, > 


1939 


247 


34 


281 


853 


197 


157 


1,207 


136 


1,071 


18 


1,089 


l,fl 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1,184 


1. i 


1941 


450 


42 


492 


1,268 


236 


97 


1,601 


198 


1,403 


6 


1.409 


1. 1 


1942 


633 


49 


682 


1,499 


238 


121 


1,858 


210 


1,648 


19 


1 ,667 


2. i 


1943 


794 


55 


849 


1,697 


294 


134 


2,125 


266 


1,859 


18 


1,877 


2, ! 


1944 


930 


60 


990 


1,862 


363 


153 


2,378 


243 


2,135 


28 


2,163 


3. i. 


1945 


992 


63 


1,055 


2,063 


474 


172 


2,709 


280 


2,429 


30 


2.459 


3. ■> 


1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2.S06 


94 


2,900 


3,4 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,M 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4. t 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,!. 


Month-end 


























1946-Jan. 


966 


61 


1,027 


1,948 


J 90 


182 


2,620 


211 


2,409 


34 


2.443 


3, 




Feb. 


977 


62 


1,039 


1,995 


509 


194 


2.69S 


249 


12.149 


56 


■■05 


3. 




Mar. 


1,002 


63 


1,065 


1,985 


525 


188 


2,698 


207 


2,491 


89 


2,580 


3. 




Apr. 


984 


62 


1,046 


2,179 


534 


215 


2,928 


256 


2.672 


63 


2.735 


3. 




May 


996 


63 


1,059 


2,207 


543 


206 


2,956 


280 


2.676 


78 


2,754 


3. 




June 


1,011 


64 


1,075 


2,150 


552 


220 


2,922 


231 


2.691 


86 


2.777 


3. 




July 


989 


63 


1,052 


2,197 


600 


237 


3,034 


239 


2.795 


90 


2,885 


3. 




Aug. 


1,016 


64 


1,080 


2,148 


609 


224 


2.9S1 


204 


2.777 


80 


2,857 


3. 




Sept. 


1,016 


63 


1,079 


2,265 


619 


239 


3,123 


287 


2,836 


88 


2.924 


4, 




Oct. 


1,029 


64 


1,093 


2,316 


610 


220 


3,146 


283 


2,863 




2,948 


4. 


Nov. 


1,042 


65 


1,107 


2,182 


610 


215 


3,007 


243 


2,764 


79 


2,843 


3. J 


Dec. 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2.S06 


94 


2.900 


3.,. 



I MAY 1950 

i) BANKS 
uda 



76 



\SSETS 




Loans 


Total 
Assets 


) 


CANADA 


ABROAD 


tal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


199 


267 


1,343 


112 


301 


248 


3,528 


596 


117 


1,032 


165 


84 


172 


2,869 


126 


107 


732 


117 


68 


165 


3,317 


108 


104 


1,693 


54 


76 


198 


7,811 


120 


81 


1,923 


75 


74 


234 


8,140 


370 


97 


2,112 


105 


83 


220 


8,658 


212 


96 


2,129 


72 


80 


250 


8,579 


268 


101 


2,077 


71 


78 


240 


8,580 


311 


90 


2,054 


77 


73 


244 


8,458 


322 


108 


2,033 


86 


79 


247 


8,466 


285 


81 


2,026 


103 


79 


239 


8,426 


267 


90 


2,093 


106 


85 


213 


8,452 


395 


119 


2,250 


106 


91 


212 


8,873 


345 


133 


2,174 


97 


70 


211 


8,718 


365 


100 


2,164 


100 


76 


210 


8,664 


391 


84 


2,182 


117 


75 


215 


8,717 


453 


83 


2,218 


126 


76 


209 


8,839 


398 


103 


2,226 


123 


98 


212 


8,770 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in o) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


755 


6,940 


10.9 


1,099 


Nov.-1948 


723 


6,966 


10.4 


1,105 


Dec. 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


707 


6,859 


10.3 


1,075 


Mar. 


706 


7,064 


10.0 


1,094 


Apr. 


752 


7,443 


10.1 


1,099 


Nov.-1949 


729 


7,344 


9.9 


1,109 


Dec. 


750 


7,247 


10.3 


1,064 


Jan-1950 


722 


7,190 


10.0 


i,060 


Feb. 


723 


7,304 


9.9 


1,070 


Mar. 


748 


7,417 


10.1 


1,078 


Apr. 



l Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

irculation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



CERTAIN LIQUID ASSETS 



da 




















Millions of Dollars 




Govt, of 


Total 








Related 


Factors 










:tive 


Govt, of Canada Direct and Guaranteed Funded Debt< 9) 


Bank' 13 ' 
Loans 


Total' 14 ' 




tered 

nk 

tice 


Held by Bk. of Can. & Ch. Bks. 


Held by Other Investors 




Securities 




Deduct^ 11 * 






Deduct 




& Non- 
Govt. 
Invest- 


Related 




DSitS 


<S»(10)(12) 




Total 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Factors 












Deps. 






Govt. Accts. 


(10) 






























As at Dec. 31 


472 


3,228 


5,788 


949 


79 


870 


3,387 


159 


3,228 


1,628 


5,940 


1938 


544 


3,279 


6,193 


1,178 


145 


1,033 


3,417 


138 


3,279 


1,767 


6,369 


1939 


138 


3,670 


6,671 


1,480 


32 


1,448 


3,759 


89 


3,670 


1,720 


6,876 


1940 


433 


4,162 


7,496 


1,771 


148 


1,623 


4,295 


133 


4,162 


1,719 


7,705 


1941 


436 


5,344 


9,129 


2,794 


366 


2.428 


5,554 


210 


5,344 


1,570 


9,342 


1942 


554 


7,184 


11,564 


3,764 


597 


3,167 


7,683 


499 


7,184 


1,459 


11,811 


1943 


960 


9,131 


14,344 


4,598 


720 


3,878 


9,873 


742 


9,131 


1,593 


14,602 


1944 


391 


11,310 


17,215 


5,348 


1,002 


4,346 


12,131 


821 


11,310 


1,827 


17,483 


1945 


356 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


1946 


143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


1947 


408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


1948 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


1949 

Month-end 


473 


11,404 


17,347 


5,161 


901 


4,260 


12,191 


787 


11,404 


1,763 


17,427 


Jan.- 1946 


369 


11,441 


17,554 


5,161 


770 


4,391 


12,149 


708 


11,441 


1,780 


17,612 


Feb. 


546 


11,358 


17,649 


5,223 


592 


4,631 


12,085 


727 


11,358 


1,774 


17,763 


Mar. 


703 


11,386 


17,870 


5,284 


464 


4,820 


12,098 


712 


11,386 


1,783 


17,989 


Apr. 


763 


11,302 


17,878 


5,173 


262 


4,911 


12,062 


760 


11,302 


1,816 


18,029 


May 


311 


11,249 


17,912 


5,123 


104 


5,019 


12,045 


796 


11,249 


1,817 


18,085 


June 


811 


11,106 


17,854 


5,249 


155 


5,094 


11,889 


783 


11,106 


1,843 


18,043 


July 


856 


11,073 


17,866 


5,254 


167 


5,087 


11,880 


807 


11,073 


1,885 


18,045 


Aug. 


905 


11,005 


17,913 


5,271 


91 


5,180 


11,876 


871 


11,005 


1,948 


18,133 


Sept. 


867 


11,038 


17,946 


5,375 


270 


5,105 


11,932 


894 


11,038 


2,048 


18,191 


Oct. 


851 


11,230 


18,031 


5,494 


611 


4,883 


12,099 


869 


11,230 


2,225 


18,338 


Nov. 


856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18.327 


Dec. 



77 



MAY 1950 



Millions of Dollars 



III— GENERAL PUBLIC HOLDIft 











Currency and Active 


Bank Deposits 








To 
Curr.jlj 

anC 




Currency 
Outside Banks 


Active Bank Deposits 




Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 






Notes") 


Coin< 2 ) 


Total 


(3) 

Demand 


Active' 4 ' 
Notice 


Other' 6 ' 
excl. 
Govt. 


Total 


(6) 

Deduct 
Float 


Net 
Total 


Total 


Act' 

Ba 

Depcf 














of Canada 














Month-end 


























1947-Jan. 


1,017 


63 


1,080 


2,087 


538 


257 


2,882 


257 


2,625 


83 


2,708 


3,7 


Feb. 


1,030 


63 


1,093 


2,145 


547 


235 


2,927 


352 


2,575 


75 


2,650 


3,7; 


Mar. 


1,027 


64 


1,091 


1,996 


553 


234 


2,783 


266 


2,517 


65 


2,582 


3,6 


Apr. 


1,010 


63 


1,073 


2,166 


557 


285 


3,008 


291 


2,717 


69 


2,786 


3,8 


May 


1,026 


65 


1,091 


2,053 


559 


251 


2,863 


235 


2,628 


58 


2,686 


3,7 


June 


1,021 


65 


1,086 


2,186 


559 


238 


2,983 


281 


2,702 


54 


2,756 


3,8 


July 


1,008 


64 


1,072 


2,126 


582 


241 


2,949 


267 


2,682 


64 


2,746 


3,8 


Aug. 


1,034 


65 


1,099 


2,058 


588 


234 


2,880 


228 


2,652 


59 


2,711 


3,8 


Sept. 


1,021 


65 


1,086 


2,163 


593 


236 


2,992 


317 


2,67.3 


62 


2,737 


3,8,| 


Oct. 


1,055 


66 


1,121 


2,263 


591 


237 


3,091 


356 


2,735 


71 


2,806 


3,9 j 


Nov. 


1,052 


66 


1,118 


2,126 


593 


217 


2,936 


251 


2,685 


62 


2,747 


3,81 


Dec. 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,9 j 


1948-Jan. 


1,028 


65 


1,093 


2,073 


609 


214 


2,896 


232 


2,t:64 


61 


2,725 


3,8 
3,8 


Feb. 


1,038 


66 


1,104 


2,105 


620 


220 


2,945 


230 


2,715 


75 


2,790 


Mar. 


1,032 


66 


1,098 


2,201 


629 


263 


3,093 


345 


2,748 


87 


2,835 


3,9 


Apr. 


1,060 


66 


1,126 


2,223 


629 


281 


3,133 


333 


2,800 


126 


2,926 


4,0 


May 


1,043 


67 


1,110 


2,182 


630 


269 


3,081 


317 


2,764 


96 


2,860 


3,9 


June 


1,067 


67 


1,134 


2,214 


628 


286 


3,128 


339 


2,789 


107 


2,896 


4,0: 


July 


1,079 


68 


1,147 


2,112 


628 


270 


3,010 


239 


2,771 


84 


2,855 


4,0 


Aug. 


1 ,068 


67 


1,135 


2,215 


634 


254 


3,103 


280 


2,823 


90 


2,913 


4,0- 


Sept. 


1,112 


68 


1,180 


2,360 


645 


267 


3,272 


377 


2,895 


78 


2,973 


4,1 


Oct. 


1,131 


70 


1,201 


2,341 


647 


239 


3,227 


292 


2,935 


72 


3,007 


4,2< 


Nov. 


1,100 


69 


1,169 


2,534 


651 


271 


3,456 


362 


3,094 


64 


3,158 


4,3: 


Dec. 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,3; 


1949-Jan. 


1 ,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,944 


87 


3,031 


4,1« 


Feb. 


1,070 


69 


1,139 


2,289 


640 


260 


3,189 


317 


2,872 


80 


2,952 


4,0! 


Mar. 


1,095 


69 


1,164 


2,281 


659 


287 


3,227 


335 


2,892 


85 


2,977 


4,1< 


Apr. 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4,2! 


May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


65 


3,000 


4,1! 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2,912 


74 


2,9sii 


4,1: 


July 


1,113 


71 


1,184 


2,188 


671 


291 


3,150 


235 


2,915 


74 


2.D89 


4,1" 


Aug. 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


2,971 


62 


3,033 


4,11 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3,094 


64 


3,158 


4,3( 


Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3,527 


414 


3,113 


77 


3,190 


4,3 


Nov. 


1,095 


73 


1,168 


2,485 


683 


312 


3,480 


356 


3,124 


M 


;;.20S 


4,3' 


Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3.238 


4,4: 


1950-Jan. 


1,059 


72 


1,131 


2,406 


692 


318 


3,416 


307 


3,109 


146 


3,255 


4,3< 


Feb. 


1,071 


72 


1,143 


2,391 


699 


330 


3,420 


326 


3,091 


L76 


.1.270 


4,4 


Mar. 


1,108 


73 


1,181 


2,399 


704 


372 


3,475 


361 


3,114 


151 


3,265 


4,-1* 


Apr. 


1,104 


74 


1,178 


2,330 


704 


351 


3,385 


280 


3,105 


200 


3,305 


4,4. 



(5) 



Note Circulation of Bank of Canada and chartered banks, excluding (6) 

notes held by chartered banks. 

Subsidiary coin issued by the Mint less coin held by Bank of Canada (7) 

and chartered banks in Canada. 

Chartered banks' public demand deposits in Canada. 

Chartered banks' public notice deposits in Canada other than (8) 

estimated aggregate quarterly minimum balances in personal savings 

accounts and non-personal notice deposits. 

Chartered banks' Canadian dollar deposits of provincial governments. (9) 

and of Canadian, United Kingdom, and foreign banks. 



Cheques on other banks as shown in chartered bank month-end 

returns to the Minister of Finance. 

Other Deposits with the Bank of Canada as shown in published 

month-end statements — i.e. excluding Government .t Canada. 

chartered bank and foreign deposits. 

Estimated aggregate minimum quarterly balances in chartered hanks' 

personal savings deposits in Canada plus non-personal notice deposits 

in Canada. 

Direct and guaranteed securities (including refund. ihl, 

direct debt includes both matured and unmatured issjrs outstanding. 



I MAY 1950 






















i| CERTAIN LIQUID ASSETS 














Millions of Dollars 


(8) 

tive 
ered 


Govt, of 


Total 








Related 


Factors 










Govt. 


of Canada Direct & Guaranteed Funded Debt (9) 


Bank< 13 > 
Loans 


Total' 14 ' 




Held by Bk. of Can. & 


: Ch. Bks. 


Held by Other Investors 




nk 
ice 


Securities 




Deduct*- 1 " 






Deduct 




& Non- 
Govt. 
Invest- 


Related 




>sits 


(9)(10)(12) 




Total 

(10) 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Factors 












Deps. 






Govt. Accts. 


(10) 


ments 




























Month-end 


995 


11,117 


17,900 


5,275 


544 


4,731 


12,056 


939 


11,117 


2,361 


18,209 


Jan.- 1947 


340 


11,089 


17,872 


5,071 


461 


4,610 


12,043 


954 


11,089 


2,460 


18,159 


Feb. 


967 


11,005 


17,745 


5,106 


541 


4,564 


11,945 


940 


11,005 


2,467 


18,036 


Mar. 


980 


10,913 


17,852 


5,103 


511 


1,592 


11,938 


1,025 


10,913 


2,618 


18,123 


Apr. 


124 


10,870 


17,771 


4,855 


317 


4,538 


12,005 


1,135 


10,870 


2,625 


18,033 


May 


085 


10,888 


17,815 


4,720 


246 


4,474 


12,160 


1,272 


10,888 


2,721 


18,083 


June 


107 


10,873 


17,798 


4,709 


297 


4,412 


12,165 


1,292 


10,873 


2,770 


18,055 


July 


186 


10,804 


17,800 


4,758 


314 


4,444 


12,110 


1,306 


10,804 


2,813 


18,061 


Aug. 


213 


10,771 


17,807 


4,618 


185 


4,433 


12,079 


1,308 


10,771 


2,860 


18,064 


Sept. 


162 


10,711 


17,800 


4,600 


227 


4,373 


11,973 


1,262 


10,711 


2,989 


18,073 


Oct. 


117 


10,850 


17,832 


4,508 


368 


4,140 


12,209 


1,359 


10,850 


3,103 


18,093 


Nov. 


143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


Dec. 


215 


10,651 


17,684 


4,538 


272 


4,266 


12,156 


1,505 


10,651 


3,020 


17,937 


Jan.- 1948 


261 


10,527 


17,682 


4,537 


137 


4,400 


12,057 


1,530 


10,527 


2,995 


17,922 


Feb. 


298 


10,439 


17,670 


4,580 


111 


4,469 


11,892 


1,453 


10,439 


3,000 


17,908 


Mar. 


322 


10,436 


17,810 


4,716 


128 


4,588 


11,769 


1,333 


10,436 


3,015 


18,039 


Apr. 


326 


10,422 


17,718 


4,765 


251 


4,514 


11,733 


1,311 


10,422 


3,020 


17,956 


May 


308 


10,390 


17,728 


4,823 


294 


4,529 


11,689 


1,299 


10,390 


3,036 


17,955 


June 


331 


10,369 


17,702 


4,798 


276 


4,522 


11,701 


1,332 


10,369 


3,055 


17,946 


July 


368 


10,324 


17,740 


4,861 


287 


4,574 


11,634 


1,310 


10,324 


3,078 


17,976 


Aug. 


403 


10,303 


17,859 


4,889 


241 


4,648 


11,614 


1,311 


10,303 


3,138 


18,089 


Sept. 


393 


10,258 


17,859 


4,926 


331 


4,595 


11,576 


1,318 


10,258 


3,236 


18,089 


Oct. 


435 


10,287 


18,049 


4,933 


286 


4,647 


11,576 


1,289 


10,287 


3,375 


18,309 


Nov. 


408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


Dec. 


484 


10,257 


17,903 


5,013 


420 


4,593 


11,484 


1,227 


10,257 


3,302 


18,152 


Jan.- 1949 


520 


10,239 


17,850 


5,043 


487 


4,556 


11,396 


1,157 


10,239 


3,286 


18,081 


Feb. 


605 


10,058 


17,804 


4,990 


229 


4,761 


11,280 


1,222 


10,058 


3,206 


18,025 


Mar. 


667 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


17,985 


Apr. 


667 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


17,863 


May. 


660 


9,880 


17,727 


5,210 


433 


4,777 


10,954 


1,074 


9,880 


3,265 


17,922 


June 


669 


9,863 


17,705 


5,241 


494 


4,747 


10,895 


1,032 


9,863 


3,270 


17,880 


July 


697 


9,893 


17,778 


5,310 


526 


4,784 


10,882 


989 


9,893 


3,256 


17,933 


Aug. 


730 


9,977 


18,076 


5,295 


493 


4,802 


10,941 


964 


9,977 


3,400 


18,179 


Sept. 


770 


9,888 


18,035 


5,145 


309 


4,836 


10,754 


866 


9,888 


3,480 


18,204 


Oct. 


764 


9,954 


18,094 


5,092 


270 


4,822 


10,750 


796 


9,954 


3,490 


18,266 


Nov. 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


Dec. 


802 


9,888 


18,076 


5,149 


163 


4,986 


10,793 


805 


9,988 


3,359 


18,333 


Jan.- 1950 


838 


9,835 


18,086 


5,142 


116 


5,026 


10,623 


788 


9,835 


3,381 


18,242 


Feb. 


869 


9,803 


18,118 


5,255 


217 


5,038 


10,593 


790 


9,803 


3,437 


18,278 


Mar. 


857 


9,767 


18,107 


5,224 


182 


5,042 


10,546 


779 


9,767 


3,455. 


18,264 


Apr. 



78 



exclusive of sinking fund holdings; guaranteed debt is included on the 
basis of the total unmatured issues outstanding; Newfoundland debt 
assumed by the Government of Canada has been included since 
June 1949. Foreign-pay securities have been valued at official 
mid-rates of exchange. 
(10) Chartered banks' temporary advances to the general public in con- 
nection with the purchase of Victory Loan Bonds at time of issue, 
amounting to 166, 261, 271. and 411 in the years 1942 to 1945 inclu- 
sive, have been included in bank holdings of Government securities 
and deducted from holdings of the general public. 



(11) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

( 1 2) Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered 
banks' holdings of provincial, municipal and "other" securities, and 
Bank of Canada holdingsof Industrial Development Bank Capitalstock. 

(14) Includes Bank of Canada gold and exchange holdings in the years 
1938-1943 amounting to 214. 290. 38, 201, nil and 1 respectively. 



79 



MAY 1950 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— May 


100.14 


2.99 


2.88 


2.67 


2.28 


1.68 


June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


• 2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 



1.0% 



3.0% 



3.4% 



3.8% 



YIELDS OF GOVERNMENT OF CANADA 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



BONDS 













1936 1937 1936 1939 1940 1941 1942 1943 1944 1943 1446 1947 1946 1949 1930 

(1) Prior to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of 
month. (3) May IS. 



MAY 1950 



80 



IV— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Month Treasury Bills 






A 


iverage of E 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada'" 


U. 


K.«> 


U.S.A.") 






















Canada 


U.K. 


USA. 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 




















1949— Feb. 


100.77 


2.93 


103.58 


2.60 


101.92 


2.35 


.415 


.524 


1.163 


Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 


Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.90 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.525 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


May 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 



(1) Government of Canada 3% due Sept. 1. 1961-66. (2) United Kingdom 3% due Apr. IS, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 19S2. 



(3) U.S. Treasury 2H% due Dec. IS. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA, U.K. & U.S.A. 

Daily Opening Quotations 



2 0% 




2 0% 



22% 



24% 



2 6% 



2 8% 



30% 



3 2% 



3 4% 



* Security is not eligible for commercial banks before Dec. 1, 19S2. 



81 



MAY 1950 



V— PROFIT STATISTICS FOR 450 COMPANIES' 

Bank of Canada 



1938-49 



Millions of Dollars 


SUMMARY STATEMENT 
















Fiscal Year Nearest to Calendar Year 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)'" 


340 


399 


505 


622 


691 


663 


600 


582 


635 


804 


923 


938 


Depreciation™ 


93 


97 


lib 


141 


163 


159 


135 


127 


128 


143 


169 


206 


Investment and Other Non-Operating Income (Net) 


45 


40 


36 


39 


33 


34 


36 


37 


40 


43 


48 


51 


Bond Interest (incl. Exch. & Amortization of Disc.) . . 


40 


40 


41 


40 


39 


38 


37 


36 


34 


31 


35 


39 


Net Profit before Income & E.P. Tax Provision"'. . 


252 


302 


384 


480 


522 


500 


464 


456 


513 


673 


767 


744 


Income & E.P. Tax Provision (ex. Refundable Portion) 


44 


59 


143 


221 


259 


252 


229 


221 


228 


279 


268 


271 


Net Income to Stockholders <l)0> 


208 

205 


243 

196 


241 

197 


259 

194 


263 

183 


248 

177 


235 

174 


235 

172 


285 

213 


394 

253 


499 

278 


473 








302 


Forced Saving (Refundable Portion of E.P. Tax). . 










15 


28 


23 


21 


2 




10 


22 


Other Undistributed Income 


3 


47 


44 


65 


65 


43 


38 


42 


70 


141 


231 


193 







NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 



Fiscal Year Nearest to Calendar Year 



N umber 
of Com- 
panies 



1938 



1942 

(3) 



1943 
(3) 



1944 
(3) 



1945 

(3) 



1946 
(3) 



1947 



1948 



Grain Mill Products 

Food 

Beverages 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Misc. Textiles 

Clothing 

Wood Products (incl. Logging) 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-Ferrous Metals 

Non-Metallic Minerals (ex. Fuels) 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade and Service 

Retail Trade and Service 

Electric Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 450 Companies 



7 
31 
11 

3 

7 

6 

15 

10 

18 

12 

19 

18 

5 

28 
37 
20 

25 
16 
18 



19 
9 

33 
23 
18 

5 

12 

9 



.2 
5.8 
4.9 
7.0 

2.2 

1.6 

1.7 

.1 

.3 
1.2 
1.5 

.2 

7.0 
9.6 
5.6 

33.9 

56.6 

4.5 

2.8 

30.8 

7.6 

.7 

1.8 
3.6 
12.2 
7.9 
1.1 
1.5 



2.1 

10.1 

5.7 

7.2 

.1 
2.3 
3.7 
2.5 
1.3 

1.0 

3.1 

1.6 

.4 

10.5 
7.4 
5.8 

33.1 

68.5 

5.0 

3.0 

27.3 

11.0 

1.1 

2.7 
4.1 
12.3 
8.0 
1.3 
.6 



2.2 
7.1 
4.8 
6.7 

.1 
2.2 
3.2 
2.2 
1.2 

.8 

11.7 

1.6 

.3 

10.0 

10.8 

6.2 

30.9 
67.0 
4.5 
2.7 
22.9 
9.7 
1.1 

3.1 
3.9 
12.6 
8.1 
1.7 
1.3 



450 



208.1 



242.8 



241.2 



2.0 
7.2 
6.2 
6.4 

.1 
3.1 
4.2 
2.9 
1.4 



12.0 

2.0 

.4 

11.1 
14.9 

7.2 

27.8 

74.0 

4.9 

2.7 

21.2 

10.1 

1.1 

2.9 
4.8 
13.4 
9.7 
2.9 
1.4 

258.8 



1.9 
8.2 
7.1 
6.6 

.3 
4.8 
4.5 
3.0 
1.7 

1.0 

9.7 

2.1 

.4 

12.0 

18.8 

8.4 

22.4 
72.9 
5.4 
2.9 
19.8 
9.0 
1.3 

3.4 

5.5 
15.0 
9.8 
2.7 
1.3 

262.5 



2.6 
8.0 
6.6 
6.6 

.3 
4.0 
3.8 
2.7 

1.6 

.9 
9.0 

1.9 
.3 

13.2 

16.3 

8.0 

18.0 
68.0 

4.1 
2.7 
21.9 
8.2 
1.1 

3.5 
5.9 
15.2 
9.2 
2.1 
2.1 

247.8 



2.8 
8.2 
7.9 
6.6 

.3 
3.5 
3.8 
2.7 
1.9 

.6 

11.0 

1.9 

.3 

12.1 

14.9 

8.9 

13,1 
58.3 
3.7 
2.6 
22.2 
8.8 
1.2 

2.9 
7.0 
14.2 
9.4 
2.1 
2.0 



235.2 



2.6 
7.3 
9.9 

6.8 

.2 
3.9 
4.2 
2.8 
1.9 

.8 

12.0 

1.9 

.4 

10.7 
14.2 

7.1 

11.3 
50.9 
4.8 
2.9 
22.6 
9.0 
1.3 

3.3 

7.9 

14.6 

10.1 

2.2 

1.5 

235.1 



2.9 

8.4 

14.2 

7.0 

.3 
4.6 
4.7 
3.8 
2.9 

1.7 

27.9 

3.5 

.5 

10.4 

13.4 

6.5 

8.9 

70.3 

6.5 

2.7 

25.4 

10.8 

1.5 

5.3 
12.3 
16.1 

'0.2 
1.0 
1.2 

284.9 



3.8 
10.3 
16.9 

6.8 

.5 
9.6 
6.4 
4.5 
3.2 

4.3 

17.2 

5.2 

.5 

15.6 

20.7 
13.7 

7.S 

104.5 

8.2 

2.9 

29.6 

13.3 

2.1 

5.0 

i:;.2 

17.5 

11.6 

2.1 

.9 



4.6 
13.3 
17.4 

7.7 

.5 
6.0 
9.9 

4.7 
3.2 

6.6 

64.3 

6.2 

.5 

25.0 
40.5 
15.9 

S.O 

137.6 

12.2 

4.0 
34 2 
16.0 

2.5 

8.0 

15.4 

17.0 

12.6 

3.4 

1.7 



394.2 



498.9 



in 



Compiled by Bank of Canada. Includes those companies covered in the 
tabulations on pages 167 and 168 of the October 1949 issue of the Statistical 
Summary for which 1949 statements had become available in time for 
publication. 

For purposes of comparability any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special Inventory reserves (amount- 
ing to .1, .9, 3.8, 8.5, 4.6, 2.0, 3.6, -1.7, 2.5, 7.5, 7.2. .5, in the years 1938- 



1949 respectively), whether shown by the company in operating ess 

or as an adjustment to earned surplus, have been deducted in aiming 

at Net Operating Profit. 

(2) Includes deferred development and depletion provision amounting to 
8.9. 8.9, 9.8, 9.6, 9.1, 7.7, 8.2. 8.0. 7.5. 7.7. 8.7. 7.7. in the years 1938-1949 
respectively. 

(3) Including the refundable portion of the Excess Profits Tax. 



MAY 1950 



82 



VI— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 
Payrolls 














Index 










News- 


Central 


struction 


Loadings 


Department 


(i) 


0) 




Gold 


Nickel 


Steel 


Print 
(i) 


Electric 
Stations' 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




of Dollars 


1941 = 100 


1941 = 100 


Annual Totals' 4 ' 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















Apr. 1950 

Monthly 


4,240* 


121* 


3,196 


5,141 


43,103 


476 


3,854 


848 


128.1 


216.0 






















194S— Nov. 


311.4 


12.8 


278.0 


432.1 


3,388 


29.8 


370 


89.7 


133.3 


218.0 


Dec. 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.1 


124.8 


207.6 


Mar. 


342.7 


12.6 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


326.9 


10.6 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


1949— Nov. 


361.7 


9.7 


259.7 


436.8 


3,629 


31.3 


352 


93.0 


132.3 


224.8 


Dec. 


373.1 


10.7 


263.9 


414.9 


3,747 


28.5 


301 


114.5 


132.2 


224.7 


1950— Jan. 


354.3 


10.2 


289.5 


417.0 


3,774 


24.0 


271 


49.8 


127.0 


208.9 


Feb. 


349.9 


9.6 


258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.6 


209.2 


Mar. 


383.2 


9.3 


294.3 


451.6 


3,792 


30.2 


330 


67.4 


122.2 


212.1 


Apr. 






279.3 


422.8 


3,648 


43.0 


292 


67.4 


122.9 


213.9 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Mar. 1950. 



PROFIT STATISTICS FOR 450 COMPANIES : 1938-49 



MILLIONS OF DOLLARS 



FISCAL YEAR NE 



TO CALENDAR YEAR 



1000 



PERCENT 

100 




1938 39 40 41 42 43 44 45 46 47 48 49 1938 39 40 41 42 43 44 45 46 47 48 49 

(1) Includes refundable portion of excess profits tax in the years 1942 to 1946 inclusive, as shown in the table on facing page. 



83 



MAY 195C 



VII 



CANADA 

Dominion Bureau of Statistics^ 



WHOLESALE PRICES 

Index 1935-39 = 100 
U.K. 

Board of Trade m 





Farm 
Products 

• 


Raw 
Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.0 


202.5 


184.4 


198.9 


1949 


225.3 


222.1 


205.3 


186.9 


203.6 


Monthly 

1949-Apr. 


224.5 


223.1 


205.7 


186.6 


204.3 


May 


225.2 


220.6 


206.1 


187.1 


202.9 


June 


230.1 


221.6 


209.4 


186.6 


202.7 


July 


231.3 


222.4 


211.7 


186.7 


203.1 


Aug. 


226.1 


219.2 


206.8 


186.6 


201.6 


Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.3 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.5 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


195.4 


228.2 


209.0 


232.9 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


232.4 


251.6 



U.S.A. 

Bureau of Labor Statistics * 



Farm 


Raw 








Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164. S 


139.9 


149.9 


23S.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.3 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


224.3 


215.9 


205.9 


184.8 


194.7 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


1S0.8 


190.4 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208. 9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


17! 1.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39= 100 from base 1926— 100. 

(2) Adjusted to 1935-39= 100 from base 1913= 100 in 1929 and from base 1930= 100 thereafter. 

(3) Adjusted to 1935-39 = 100 from base 1926 = 100. 

* An independent series with different weighting and different prices from those included in the "Total Index". Prices include subsidies. The series 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Index 1935-39 = 100 



VIII— COST OF LIVING" 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.( 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


101 


3.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.0 


128.8 


160.8 


First of Month 
















1949— Jan. 


202.2 


130.0 


181.9 


121.7 


167.0 


126.6 


159.6 


Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


128.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


12S.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


L32.1 


163.7 


Apr. 


204..") 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


May 


204.6 


137.5 


ISO. 8 


132.7 


166.4 


132.3 


164.0 



"Components were selected and weighted on the basis of 193S family incomes ranging from $450- $2,500, with incomes between $1,000-$1,600 most common. 



r 

i MAY 1950 



Thousands of Short Tons 



84 



IX— NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 








(i) 




Net 




<i) 






Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


U.S.A. 


Total 


Europe 


Overseas 


Supply 


Publishers 


Publishers 




or 
Decrease 


Calendar Years 






















1935 


3,083 


912 


3,995 


197 


734 


3,459 


3,345 


200 


3,545 


86 


1937 


3,998 


946 


4,944 


294 


771 


4,466 


3,825 


220 


4,045 


421 


1946 


4,506 


771 


5,277 


13 


693 


4,597 


4,296 


248 


4,545 


53 


1947 


4,820 


826 


5,646 


129 


709 


5,065 


4,753 


275 


5,028 


37 


1948 


4,983 


867 


5,850 


267 


542 


5,576 


5,141 


306 


5,447 


129 


1949 


5,176 


900 


6,076 


255 


463 


5,868 


5,529 


335 


5,865 


3 


12-Mths. ending 






















Apr. 1950 

Monthly 

1948— Oct. 


5,141 


908 


6,049 


203 


360 


5,892 


5,661 


342 


6,004 


112 


435.3 


76.4 


511.8 


19.3 


38.9 


492.1 


489.4 


27.4 


516.7 


24.6 


Nov. 


432.1 


75.5 


507.6 


21.6 


56.9 


472.3 


467.0 


25.7 


492.7 


20.3 


Dec. 


420.3 


74.8 


495.1 


32.8 


44.6 


483.3 


466.3 


27.8 


494.1 


10.8 


1949— Jan. 


420.6 


75.6 


496.3 


29.1 


39.8 


485.6 


432.0 


25.6 


457.6 


28.0 


Feb. 


406.9 


68.6 


475.5 


27.4 


30.4 


472.5 


401.0 


26.0 


427.0 


45.5 


Mar. 


455.8 


78.3 


534.1 


33.6 


42.0 


525.6 


476.5 


27.4 


503.9 


21.8 


Apr. 


442.4 


75.5 


517.9 


18.3 


29.6 


506.6 


479.1 


28.9 


508.0 


1.4 


1949— Oct. 


435.7 


73.4 


509.0 


18.8 


37.4 


490.4 


518.5 


27.7 


546.2 


55.9 


Nov. 


436.8 


72.1 


508.9 


12.9 


43.0 


478.8 


491.7 


28.3 


520.0 


41.1 


Dec. 


414.9 


69.9 


484.7 


12.1 


21.3 


475.5 


483.8 


30.2 


514.0 


38.5 


1950— Jan. 


417.0 


74.3 


491.3 


15.8 


15.4 


491.8 


448.2 


28.7 


476.8 


14.9 


Feb. 


399.2 


69.1 


468.3 


12.0 


6.7 


473.6 


432.7 


27.5 


460.2 


13.4 


Mar. 


451.6 


80.6 


532.2 


13.8 


11.0 


535.1 


515.5 


29.9 


545.3 


10.2 


Apr. 


422.8 


82.6 


505.3 


14.6 


5.9 


514.1 


524.4 


28.7 


553.2 


39.1 



(1) Includes Newfoundland. 



NEWSPRINT : NORTH AMERICA : SUPPLY AND CONSUMPTION 



thousands or short tons 



RUNNING 12-MONTH TOTALS 



bbOO 

5250 


CAN 


ADIAN PRODUC1 


•lONI 


^•a* 


5000 
4750 


L- 1950 


7-"" 


V- 1949 
| — 1948 







4500 


T _ = 




= 1 II 


1 1 1 


| 



THOUSANDS Or SHORT TONS 

6000 



DJFMAMJJA SOND 




DJFMAMJJASOND 



6000 
5750 
5500 
5250 
5000 



\-l950 


CONSUMPTION' 


„,,,«■ 




^- 1949 





sill 


A_ 1948 

1 1 1 


1 1 1 



^ ^— 1949 ^» ^^ 



INCREASE OR DECREASE IN STOCKS 



MAM 



O N 




X Including Newfoundland. 

* Canadian and U.S.A. production, plus imports from Europe, minus exports overseas. 

t By U.S. and Canadian publishers. 



85 




















MAY 1950 




X- 


-FARM PRICES OF AGRICULTURAL PRODUCTS* 






Index 1935-39 = 100 






Dominion Bureau of Statt 


sties 












P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


Canada 


Annual Average 






















1935 


81.4 


'92.6 


80.8 


90.1 


93.2 


85.6 


83.1 


84.3 


92.7 


88.0 


1939 


104.6 


107.6 


111.4 


100.4 


99.2 


85.6 


79.9 


84.9 


98.8 


91.8 


1944 


172.7 


173.3 


171.9 


171.7 


169.1 


173.1 


171.4 


176.9 


179.7 


172.4 


1945 


196.7 


180.8 


195.3 


179.5 


174.6 


186.3 


189.4 


193.4 


187.9 


184.2 


1946 


194.2 


191.1 


207.7 


196.9 


187.9 


204.3 


209.5 


213.2 


199.0 


200.8 


1947 


180.1 


184.6 


199.6 


213.7 


202.1 


220.8 


218.3 


225.2 


206.8 


212.5 


1948 


237.8 


214.1 


250.4 


265.6 


258.7 


254.6 


239.3 


256.2 


240.0 


252.5 


1949 


203.9 


208.2 


220.2 


261.4 


257.1 


251.8 


239.3 


257.2 


245.2 


250.6 


Monthly 






















1949— Feb. 


200.5 


219.2 


224.3 


271.1 


259.2 


257.0 


240.8 


255.1 


246.9 


253.1 


Mar. 


199.8 


216.4 


223.4 


267.6 


254.3 


253.8 


240.5 


257.0 


247.3 


251.1 


Apr. 


197.7 


211.7 


219.3 


259.1 


253.6 


254.5 


241.7 


261.3 


247.8 


250.9 


May 


195.5 


210.5 


216.9 


256.2 


251.6 


257.2 


242.7 


262.3 


245.5 


250.4 


June 


210.5 


211.9 


215.3 


260.9 


261.2 


256.7 


242.6 


262.2 


244.0 


253.8 


July 


214.4 


210.7 


216.3 


260.3 


262.2 


253.4 


240.4 


260.5 


247.1 


253.1 


Aug. 


248.0 


223.0 


231.7 


261.1 


258.8 


248.2 


237.8 


262.5 


252.1 


252.7 


Sept. 


211.8 


196.1 


228.7 


260.1 


256.8 


248.8 


235.9 


252.2 


241.0 


248.2 


Oct. 


195.4 


198.1 


216.5 


256.1 


255.0 


242.7 


233.8 


251.3 


241.4 


245.7 


Nov. 


190.1 


190.8 


214.3 


255.4 


252.3 


244.6 


235.7 


249.6 


241.2 


244.8 


Dec. 


186.7 


192.5 


208.0 


255.4 


254.2 


244.7 


235.9 


251.7 


236.2 


245.4 


1950— Jan. 


176.0 


188.5 


201.3 


250.2 


242.6 


241.3 


232.1 


246.9 


225.8 


238.6 


Feb. 


174.7 


189.7 


203.8 


251.5 


248.8 


245.8 


235.0 


251.3 


232.0 


242.7 


Mar. 


180.1 


192.6 


208.8 


252.3 


252.6 


248.8 


237.7 


256.2 


233.2 


246.0 


Apr. 


189.8 


192.7 


209.0 


254.0 


255.2 


253.3 


240.4 


260.0 


233.6 


248.8 



* Prices received by farmers omitting storage, transportation, processing and handling charges, but including subsidies, bonuses and premiums which can be 
attributed to specific products. Revised to include retroactively participation payments on wheat and the equalization payments on oats and barley. 



INDEX 1935-39-100 



FARM PRICES OF AGRICULTURAL PRODUCTS AND FARM OPERATING 

AND LIVING COSTS 



INDEX 1935-39-100 



240 



200 




160 



120 



Or COMMODITIES AND SERVICES'" 
USED FOR FARM PRODUCTION 




240 



200 



60 



120 



J SOMJ SDMJ SOMJSOMJ 

1946 1947 1946 1949 1950 

* In the case of commodities and services used for farm production and farm family living costs, figures lor January. April, and August only. 

are available. (1) See note * to table above. (2) Farm implements, building materials, gasoline, oil and greaso, food, fertilizer, bindrr twine. 

seed and hardware, plus tax rates, interest rates, and farm wage rates. 



MAY 1950 



86 



Index 1935-39 = 100 



XI— FARM OPERATING AND LIVING COSTS 

Dominion Bureau of Statistics 



Commodities Used by Farmers 



Imple- 
ments 



Fertilizer 



Seed 



Gasoline. 
Oil & 
Grease 



Building 
Material 



Hardware 



Feed 



Binder 
Twine 



"A" 

(Total 8 

Com- 
modities) 



<B"«> 



♦C'*< 2 > 



Farm 
Living 
Costs 



Annual Average 

1935 
1936 
1937 
1938 
1939 

1944— Jan. 
Apr. 
Aug. 

1945— Jan. 
Apr. 
Aug. 

1946— Jan. 
Apr. 
Aug. 

1947— Jan. 

Apr. 
Aug. 

1948— Jan. 
Apr. 
Aug. 

1949— Jan. 
Apr. 
Aug. 

1950— Jan. 



95.5 

97.8 

97.2 

104.1 

103.6 

117.1 
118.7 
118.7 

115.1 
115.1 
115.1 

117.4 
117.4 
121.6 

128.1 
125.4 
125.4 

138.8 
138.8 
147.3 

157.9 
158.3 
158.6 

164.2 



97.0 

98.2 

101.4 

103.3 

100.2 

112.9 
112.9 
112.9 

112.9 
112.9 
112.9 

112.9 
112.9 
115.8 

120.3 
120.3 
120.8 

131.2 
131.2 
132.2 

141.4 
141.3 
141.3 

146.8 



90.4 

100.4 

133.2 

96.7 

79.4 

136.6 
136.3 
135.7 

137.2 
138.8 
139.5 

142.5 
145.0 
142.6 

146.0 
168.9 
189.9 

252.2 
241.2 
223.4 

218.5 
213.2 
204.8 

212.6 



105.1 

101.7 

99.7 

97.4 

96.2 

114.7 
114.7 
114.7 

114.1 
114.1 
114.4 

114.4 
117.3 

117.4 

117.7 
122.4 
123.6 

134.0 
137.0 
139.7 

139.2 
139.2 
139.4 

143.9 



87.1 
97.3 

108.7 
98.7 

108.1 

172.1 
172.7 
174.2 

175.2 
175.1 
174.2 

174.3 
175.4 
176.0 

177.4 
178.8 
204.0 

217.7 
222.6 
234.0 

237.5 
237.4 
236.5 

238.2 



96.4 

96.7 

101.0 

104.3 

101.6 

120.9 
120.9 
119.8 

119.8 
120.0 
119.3 

119.3 
120.3 
122.8 

124.0 
128.2 
136.9 

142.4 
156.1 
159.4 

162.6 
165.9 
165.8 

165.8 



93.5 

97.6 

127.6 

100.8 

80.5 

124.6 
125.4 
125.3 

127.0 

127.8 
128.1 

127.9 
128.2 
128.9 

130.2 
142.7 
146.5 

202.4 
201.3 
208.2 

209.0 
208.3 
211.3 

215.1 



89.6 
100.8 
106.4 
109.2 

93.8 

126.4 
126.4 
126.4 

126.4 
126.4 
126.4 

126.4 
126.4 
126.4 

126.4 
226.2 
226.2 

226.2 
294.0 
294.0 

294.0 
304.7 
304.7 

304.7 



95.6 

98.7 

108.4 

101.2 

95.7 

125.6 
126.2 
126.2 

125.7 
126.0 
126.0 

126.8 
127.9 
129.4 

132.2 
140.1 
146.3 

169.8 
172.9 
176.7 

180.3 
180.4 
180.2 

184.4 



96.9 

98.8 

105.8 

101.1 

97.0 

122.0 
122.5 
122.5 

122.7 
122.9 
122.9 

124.4 
125.2 
126.3 

130.4 
136.3 
141.0 

159.4 
161.7 
164.6 

167.3 
167.4 
167.2 

170.5 



95.4 

98.1 

105.3 

101.7 

99.3 

142.3 

149.4 
152.2 

146.1 
153.4 
156.9 

149.7 
158.7 
162.7 

159.4 

172.2 
179.5 

189.3 
197.8 
203.7 

198.3 
202.9 
204.2 

196.3 



97.9 

98.3 

102.9 

101.9 

99.5 

122.7 
123.1 
122.7 

122.9 
123.1 
123.7 

124.7 
126.1 
130.5 

132.3 
136.1 
146.5 

155.3 

163.7 
169.5 

171.8 
173.3 

174.5 

175.3 



(1) "B" equals "A" (8 commodities used by farmers) plus tax rates and interest rates. (2) "C" equals "B" plus farm wage rates. 



XII— NET INCOME" OF FARM OPERATORS FROM FARM OPERATIONS 



Millions of Dollars 




Dominion Bureau of Statistics 














P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


Canada 


1948 



Cash Income 

Income in kind 

Inventory Changes 

Gross Income 

Operating and Depreciation . 

Net Income (ex. supp. pay.) 
Supplementary Payments. . 
Net Income of 

Farm Operators 



22.3 

5.0 

.2 


37.5 

15.7 
1.4 


46.3 

16.7 
1.8 


355.0 

91.0 

6.5 


662.0 

112.3 

20.9 


247.3 

27.0 

1.9 


534.0 
54.9 
13.7 


452.5 
40.9 
20.2 


102.3 

14.0 

2.2 


27.1 
16.1 


51.8 
41.4 


61.2 
37.5 


439.5 
196.0 


753.4 
340.6 


276.2 
101.4 


575.1 
117.0 


473.2 
171.1 


114.1 
69.2 


11.0 


9.4 


23.7 


243.6 


412.8 


173.8 
.5 


358.2 
16.7 


302.1 
3.5 


44.9 


11.0 


9.4 


23.7 


243.6 


412.8 


174.3 


374.9 


305.6 


44.9 



2,459.4 

377.5 

65.1 

2,771.8 
1,192.2 

1,579.6 
20.7 

1,600.3 



1949") 



Cash Income 

Income in kind 

Inventory Changes 

Gross Income , 

Operating and Depreciation 

Net Income (ex. supp. pay/ 
Supplementary Payments. 
Net Income of 

Farm Operators 



21.2 
4.7 
1.2 



27.2 
15.8 

11.4 



11.4 



38.0 

15.2 

1.4 

54.6 
42.9 

11.7 



11.7 



44.7 

15.1 

.9 

60.7 
35.7 



25.0 



25.0 



346.7 

85.5 

6.2 

438.4 
193.7 

244.7 



244.7 



653.5 

102.5 

1.0 

757.0 
349.6 

407.4 



407.4 



238.1 
25.2 
17.3 

246.1 
106.2 

139.9 
.1 

140.0 



556.4 
50.0 
18.5 

587.8 
219.4 

368.4 
14.2 

382.6 



460.2 
39.2 
50.5 

448.9 
173.0 

275.9 
3.4 

279.3 



98.0 
13.2 

2.8 

114.0 
78.8 

35.3 



35.3 



2,456.9 
350.6 

72.7 

2,734.8 
1,215.0 

1,519.8 
17.6 

1,537.4 



(1) Includes estimated rental value of farm homes and supplementary payments made under the provision of the Prairie Farm Assistance Act. (2) Preliminary. 



87 



Millions of Dollars 



MAY 1950 



XIII— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS"'* 









TOTAL EXPORTS (EXCLUDING GOLD) 


TO 








U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 
Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


12-Mths. ending 

Apr. 1950 (6) 


1,629 


637 


65 


71 


127 


225 


134 


92 


2,979 


Monthly 

1949-Feb. 


108.1 


48.6 


4.5 


2.8 


11.4 


15.3 


9.0 


9.1 


208.8 


Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


Apr. (6) 


139.3 


25.1 


4.3 


4.1 


7.3 


•8.2 


15.8 


5.0 


209.0 



Millions of Dollars 




MERCHANDISE IMPORTS"'* 










TOTAL IMPORTS (EXCLUDING GOLD) FROM 




U.S.A. 


U. K. 
(2) 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 

12-Mths. ending 

Mar. 1950 (6) 

Monthly 

1949-Feb. 


1,952 

1,928 
148.8 


306 

313 

22.9 


107 

102 
7.6 


4 
4 
.3 


77 

79 

4.0 


83 

82 

5.5 


193 

192 

13.7 


39 

43 

3.2 


2,760 
2,743 
206.0 


Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.8 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.S 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4 2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.C 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. (6) 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



514 
225 
488 
263 

263 

2.9 
9.7 
6.0 
27.9 
14.0 
13.9 
35.8 
12.4 
40.7 
53.8 
60.5 

12.1 
1.5 
3.1 



* Commencing April 1, 1949. external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
• the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 

"Canadian Goods Returned" (9195) are excluded. 

Consists of Eire. India, Pakistan, Burma, Australia. New Zealand, Iceland. 

Ceylon and Iraq. Egypt is included in All Other. 

Excludes Spain, but includes Greece, Turkey, and British Sudan. 

Includes Egypt, Spain, Palestine, and also Newfoundland until March 31. 

1949. 

Preliminary, 



I MAY 1950 



88 



MERCHANDISE TRADE" 



MILLIONS OF DOLLARS 



EXPORTS, IMPORTS AND BALANCE 

RUNNING 12-MONTH TOTALS 



MILLIONS OF DOLLARS 



2000 










1947 1948 1949 

* Excluding gold. See footnotes to table on page 87. 



1950 



CANADIAN EXPORTS TO U K 





CANADIAN EXPORT * 
BALANCE WITH U. K.£ 



ANADIAN IMPORTS FROM UK. 



CANADIAN EXPORTS 
TO OTHER STERLING COUNTRIES' 




CANADIAN EXPORT * 
I BALANCE WITH OTHER % 
STERLING COUNTRIES 




1000 



800 



600 



400 



200 



500 



300 



1947 



1948 



1949 1950 



89 



Millions of Dollars 



MAY 1950 
XIV— MERCHANDISE EXPOR'I 

Compiled from "Trade of Ca\ 





Fruits 


Wheat 




Other 




Bacon 






Other 






r J 




Calendar 


and 


and 


Oata 


Grains 


Live 


and 


Other 


Cheese 


Milk 


Egg = 


Seeds 


F-i 


Years 


Vegetables 


Wheat 
Flourd) 




and 
Products 


Cattle 


Hams 


Meats 




Products 






raw | 




1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 





4 


1 




1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 


5 




1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 


] 




1946 


29 


417 


23 


41 


18 


66 


63 


22 


13 


27 


13 


) 




1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 


1 




1948 


21 


382 


23 


74 


74 


70 


65 


12 


18 


39 


50 




1949 


20 


533 


19 


59 


61 


24 


44 


16 


14 


21 


44 


l] 


12-Mths. ending 


























Apr. 1950 


23 


496 


19 


55 


71 


34 


44 


16 


14 


19 


34 


)J 


Monthly 


























1949-Mar. 


.9 


36.3 


1.1 


2.0 


3.7 


1.2 


2.6 


- 


.7 


.2 


5.3 


m 


Apr. 


.6 


39.3 


.8 


5.0 


3.9 


1.5 


2.1 


.5 


.5 


.8 


4.8 


M 


May 


.6 


59.0 


.7 


5.7 


3.5 


1.5 


2.4 


.8 


1.4 


.9 


2.1 


i 


June 


.7 


59.6 


.6 


3.9 


7.3 


.8 


2.7 


2.5 


1.1 


1.4 


1.9 


■' . 


July 


1.0 


49.2 


.6 


3.3 


4.7 


.6 


2.2 


5.4 


.7 


.9 


.8 


:| 


Aug. 


2.5 


43.1 


.7 


2.5 


3.5 


.5 


3.5 


5.0 


1.2 


1.3 


.4 


;i 


Sept. 


2.1 


40.1 


1.0 


4.4 


4.6 


.2 


4.1 


1.5 


1.0 


2.9 


.7 




Oct. 


2.2 


48.4 


3.0 


5.8 


9.5 


2.0 


5.7 


.2 


1.1 


5.6 


1.5 


.; 


Nov. 


3.5 


54.6 


3.6 


16.9 


9.5 


5.3 


6.6 


.2 


1.7 


1.4 


5.7 




Dec. 


2.2 


29.6 


3.6 


5.8 


6.3 


5.9 


5.5 


.2 


2.2 


.3 


10.0 


: 


1950-Jan. 


1.7 


32.7 


1.8 


1.8 


5.5 


14.0 


3.4 


.1 


.9 


1.8 


3.6 


Feb. 


2.2 


23.4 


1.4 


1.5 


5.7 


1.5 


2.5 


.1 


.9 


1.4 


3.3 




Mar. 


2.9 


31.3 


1.4 


1.8 


5.7 


.8 


2.4 


.1 


1.0 


.4 


2.3 


i 


Apr. 


1.4 


25.4 


.6 


1.6 


5.0 


.8 


2.4 


.1 


.6 


.2 


1.3 


— 








Other 




























Fibres 


Farm 


Machinery 


Autos. 


Other 


Other 




Aluminum 


Copper 


Lead 


X t 




Calendar 


Artificial 


& Textiles 


Imple- 


(excl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


A 




Years 


Silk 


(excl. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


Pre e 


1929 




8 


20 


7 


47 


_ 


16 


3 


15 


37 


11 


, 




1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 


f 




1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 


9 




1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 






1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 






1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 


1 




1949 


2 


19 


93 


32 


39 


23 


106 


12 


94 


87 


42 






12-Mths. ending 




























Apr. 1950 


3 


16 


86 


28 


38 


21 


92 


10 


98 


M 


33 




Monthly 


























1949-Mar. 


.2 


1.9 


11.9 


2.8 


1.9 


2.1 


S.9 


1.3 


0.2 


6.6 


2.0 


> 




Apr. 


.2 


1.2 


11.5 


3.1 


3.6 


1.7 


7.6 


1.0 


6.9 


7.7 


4.6 


lij 




May 


.2 


3.1 


12.0 


2.9 


2.6 


2.6 


7.4 


.9 


11.1 


S.7 




v ^ 




June 


.2 


2.3 


9.9 


3.5 


3.1 


1.9 


7.1 


1.0 


8.3 


6.3 


3.1 


(i 




July 


.2 


1.6 


8.1 


2.6 


5.4 


1.3 


10.9 


. i 


S.4 


7.S 


2.0 


> 


Aug. 


.2 


1.1 


4.3 


1.7 


3.3 


2.1 


6.7 


.9 


12.6 


8.5 


1.5 


- 1 


Sept. 


.1 


1.2 


4.8 


2.3 


3.1 


1.5 


9.8 


.8 


9.2 


7.2 


5.0 


(1 


Oct. 


.2 


1.0 


3.S 


3.4 


3.8 


2.2 


5.8 


1.2 


6.4 


7.1 


2.0 


M 


Nov. 


.2 


.8 


4.9 


2.1 


2.4 


1.6 


14.1 


1.0 


2.7 


7.1 


3.0 


■ ,1 


Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


11.6 


1.2 


11.6 


li.,-) 


5.1 




1950-Jan. 


.3 


1.1 


6.6 


1.3 


3.2 


.8 


4.,") 


.6 


4.3 


7.1 


i .:; 


< 


Feb. 


2 


.8 


6.9 


1.3 


3.1 


1.8 


4.:; 


.8 


6.4 


6.5 


1.9 


• ,■ 1 


Mar. 


.4 


1.2 


10.5 


2.1 


2.1 


.4 


4.7 


. i 


8.3 


5.9 


1.5 


< ; j 


Apr. 


.2 


.9 


9.0 


1.8 


2.6 


.9 


5.1 


.6 


s.7 




1.2 


-i 





(1) In the case of wheat for 10.37, 46,47. 48 & 49 export clearance figures are based on Board of Grain Commissioners r.nher than Customs data. (21 Made 
1680. 1700. 1710, 2005. 2015, 2020, 2025, 2060, 2005,2000, 2070, 2075, 2080. 2085, 2090, 2095, 2100-2110, 2490. 2500-2525, 2750, 2795, 2S05. 2810, 2S12. 282'|f 



MAY 1950 

MODITY CLASSIFICATION 

■ion Bureau of Statistics 



90 



Millions of Dollars 



nd 

) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 
and 

Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 




24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 




11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 




16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 




45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 




44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 




40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 




59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 




64 
3.0 


22 
2.1 


19 
1.4 


177 
11.1 


30 
3.0 


169 
15.6 


457 
33.7 


17 
1.6 


41 
3.2 


34 
3.4 


20 
2.4 


12-Mths. ending 

Apr. 1950 

Monthly 

Mar.-1949 




3.2 


1.5 


1.4 


10.9 


1.3 


12.9 


32.4 


1.9 


3.6 


2.7 


2.7 


Apr. 




4.8 


2.2 


1.4 


12.5 


1.2 


14.8 


38.6 


2.0 


3.2 


2.7 


2.1 


May 




4.6 


1.5 


1.7 


12.2 


3.0 


13.7 


35.6 


l.S 


2.7 


3.0 


2.1 


June 




4.2 


1.0 


1.9 


12.5 


3.1 


12.4 


36.0 


1.6 


2.7 


2.6 


2.5 


July 




4.6 


1.0 


3.0 


13.2 


2.6 


13.1 


40.8 


1.3 


2.9 


2.2 


2.2 


Aug. 




6.7 


1.6 


2.0 


15.0 


2.7 


11.5 


32.7 


1.4 


3.0 


2.9 


2.1 


Sept. 




7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Oct. 




6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 




6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 




4.4 


3.3 


1.2 


10.5 


3.0 


13.3 


38.3 


1.3 


2.5 


2.5 


.8 


Jan.- 1950 




4.9 


2.0 


1.3 


13.9 


2.6 


14.0 


34.9 


1.3 


2.5 


2.6 


.8 


Feb. 




4.7 


2.0 


.9 


18.9 


2.7 


16.5 


37.5 


1.3 


4.5 


2.7 


1.0 


Mar. 




4.2 


1.7 


.7 


16.8 


1.1 


13.3 


39.0 


1.2 


3.8 


2.9 


.9 


Apr. 



us 

s 

Id) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 
Metals 


Asbestos 


Other 
Non- 
metallic 
Minerals 


Fertilizers 


Other 
Chemicals 
& Product; 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Years 




9 


5 


13 


17 


7 


14 


1 





33 


37 


1,190 


1929 




4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 




15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 




28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 




30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 




42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 




56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 




49 
5.4 


15 
1.2 


49 
.9 


35 
3.5 


37 

4.7 


37 

2.7 


38 
.6 


24 
.5 


73 
5.9 


150 
12.1 


3,096 
236.1 


12-Mths. ending 

Apr. 1950 

Monthly 

Mar.-1949 




5.3 


1.4 


.9 


3.1 


4.9 


3.1 


7.2 


1.2 


6.0 


9.8 


243.9 


Apr. 




5.7 


1.8 


1.3 


3.3 


3.9 


3.0 


6.1 


1.6 


12.0 


12.4 


288.1 


May 




3.8 


3.3 


1.5 


2.8 


2.0 


2.3 


9.0 


2.5 


7.4 


9.8 


272.0 


June 




4.2 


1.0 


3.6 


2.5 


l.S 


2.1 


2.9 


2.9 


5.5 


9.4 


251.7 


July 




4.4 


.9 


5.0 


2.5 


2.7 


2.0 


8.0 


5.2 


5.0 


13.8 


258.7 


Aug. 




4.3 


1.0 


4.2 


2.3 


3.3 


2.3 


.7 


2.4 


5.3 


11.2 


242.6 


Sept. 




4.3 


.8 


5.2 


3.1 


2.8 


2.8 


- 


5.3 


5.6 


13.2 


285.4 


Oct. 




5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 




3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.6 


.4 


7.1 


12.5 


283.5 


Dec. 




2.3 


1.4 


4.1 


2.7 


3.9 


4.1 


- 


.4 


4.1 


15.8 


237.3 


Jan.- 1950 




3.7 


1.5 


4.4 


2.6 


2.8 


4.0 


.5 


.3 


4.7 


11.7 


211.2 


Feb. 




3.7 


.9 


5.3 


3.4 


4.6 


5.0 


- 


.6 


4.5 


13.5 


244.3 


Mar. 




3.1 


.5 


4.3 


3.2 


3.2 


3.7 


6.0 


.3 


3.9 


11.4 


216.1 


Apr. 



items listed in "Trade of Canada" under code numbers 180, 600, 610,690, 710, 790, 1170, 1S0O-1590, 1610, 1620, 1630, 1640, 1645, 1650, 1660 1670 
1850, 2855, 2860, 3160-3187. 



TATISTICAL SUMMARY 



ANK OF CANADA 



Tables 



Charts 



Pages 



I Bank of Canada : 

Liabilities and Assets 91-92 

Chartered Banks: Ratio of Cash in Canada to Canadian Deposits . 91 

Total Active Note Circulation 92 

II Chartered Banks: 

Liabilities and Assets 93-94 

III General Public Holdings of Certain Liquid Assets 93-94 

IV Security Prices: 

Government Securities Payable in Canada only 95 

Yields of Government of Canada Bonds, Payable in Canada only . 95 

Government Securities, Canada, U.K. and U.S. A 96 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 96 

V Government Bond Yields: Canada, U.K. and U.S. A 97 

VI Official Holdings of Gold and United States Dollars .... 97 

VII Business Activity 98 

VIII Industrial Production* 98 

IX Wholesale Prices 99 

Wholesale Prices: Residential Building Materials .... 99 

X Cost of Living 100 

Cost of Living: Total and Food 100 

XI Employment Indexes 101 

Employment, Payrolls and Earnings in Industry .... 101 

XII Employment and Payrolls 102 

XIII Merchandise Imports: Commodity Classification 103-104 

XIV Exports and Imports by Countries 105 

Exports and Imports by Countries 106 

XV Steam Railways: Revenue Freight Loaded 107 

Revenue Freight Loaded by Canadian Railway Systems ... 107 

XVI U.S.A. Statistics: 

Employment, Production, Construction, Inventories, Income, and Prices . 108 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



JUNE 1950 



91 
















JUNE 1950 


Millions of Dollars 
















[— B, C 








LIABILITIES 










Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits 11 > 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


To 

Liabi 

c 

Ass 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


J 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


3;j 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


* 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


Ml 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,& 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,8! 


1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,91 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,9: 


1949 

End of 

1948— Dec. 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,K 


190.8 


547.3 


738.1 


98.1 


81.0 


.4 


1,098.3 


42.7 


2,0! 


1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


- 


1,047.0 


42.5 


2,04 


Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,02 


Mar. 


165.8 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,0! 


Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1,103.0 


26.9 


2,14 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2, OS 


1949— Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2,12 


1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2,1! 


Feb. 


179.5 


554.8 


734.4 


24.3 


176.4 


82.2 


1,071.1 


21.9 


2,11 


Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,16 


Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,1* 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,1S 


(1) Includes foreign exc 
these orders the Bank's 


iange items for 
gold and foreig 


account of fore 
i exchange hold 


ign clients and 
ings, over and 


also Governme 
ibove its short- 


nt of Canada and F.E.C.B. commencing March 31. 1949. +May 19 
term requirements and necessary working balances, were sold to the I 



CHARTERED BANKS : RATIO OF CASH IN CANADA TO CANADIAN DEPOSITS 

PERCENT PERCENT 




100 



MJJASONDJFMAMJJASONO 
1949 1950 



JUNE 1950 



92 



CANADA 



Millions of Dollars 







ASSETS 


















Securities 
















Foreign'" 














All 




bid 


Silver 


Exchange 


Govt, of Canada 
and Provincial 


Ind. Dev. 
^ Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 


Other 
Accounts 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


d.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


12.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


0.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


* 




• 


• 


• 






• 








- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 




- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


.5 


1,233.7 


779.1 


25.0 


- 


2,037.7 


- 


20.4 


Dec— 1948 


- 


- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 


- 


- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 


- 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 


- 


■ - 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 


- 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 


- 


- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec — 1949 


- 


- 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


- 


42.6 


Jan. — 1950 


- 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


- 


25.7 


Feb. 


- 


- 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. 


- 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr. 


— 


— 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


— 


29.5 


May 



luent figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
inge Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



TOTAL ACTIVE NOTE CIRCULATION* 



MILLIONS OF DOLLARS 

1125 



MILLIONS OF DOLLARS 



1075 




1050 



DEC JAN FEB MAR 

* see note (5) table II on page 93. 



JUNE 



93 



Millions of Dollars 



JUNE 1950 II 

II— CHAM J 

Ba , 



Average of 
Month-end figures 

1929 
1932 
1937 

1947 
1948 
1949 

End of 

1948-Dec. 
1949-Jan. 

Feb. 

Mar. 

Apr. 

May 

1949-Dec. 
1950-Jan. 

Feb. 

Mar. 

Apr. 

May 



LIABILITIES 



Notes 



178 
132 
110 

20 

17 
15 

16 
16 
16 
15 
15 
15 

14 



Deposits 



Demand 



696 
486 
691 

2,139 
2,259 
2,353 

2,544 
2,337 
2,289 
2,281 
2,288 
2,284 

2,426 
2,406 
2,391 
2,399 
2,330 
2,453 



Notice 



1,480 
1,376 
1,574 

3,681 
3,972 
4,334 

4,057 
4,118 
4,159 
4,264 
4,339 
4,339 

4,433 
4,494 
4,537 
4,572 
4,560 
4,557 



Govt, of 

Canada 

and Prov, 



102 
82 
90 

404 
355 

490 

426 
487 
508 
382 
402 
508 

367 
296 
349 
429 
411 
407 



Canadian 

Deposits 

en 



2,293 
1,955 
2,382 

6,278 
6,644 

7,267 

7,099 
6,999 
7,017 
6,998 
7,103 
7,233 

7,348 
7,287 
7,350 
7,490 
7,382 
7,504 



Foreign 



418 
312 
421 

851 
817 
744 

811 
800 
799 

787 
708 
724 

730 

744 
728 
719 
737 
758 



Total 
Deposits 



2,837 
2,322 
2,840 

7,237 
7,567 
8,106 

8,002 
7,885 
7,902 
7,870 
7,898 
8,049 

8,177 
8,125 
8,191 
8,307 
8,137 
8,372 



Cash 
in (d 
Canada 



212 
186 
240 

665 

705 
748 

738 

727 
698 
706 
749 
765 

753 
731 
734 

718 
717 
745 



Securities 



Govt, of Canada 
and Provincial 



Under 2 yrs. Over 2 yrs 



342 
490 
445 674 



871 

891 

1,012 

922 
932 
939 
884 
812 
853 

1,016 

1,023 

1,049 

995 

956 

940 



2,524 
2,423 
2,562 

2,513 
2,549 
2,587 
2,616 
2,660 
2,686 

2,542 
2,544 
2,540 
2,661 
2,646 
2,655 



Foreign 
Govt. 



0;« 



157 

206 

68 r A 



290 
259 
237 

242 
238 
226 
223 
233 
235 

242 
251 
252 
229 
235 
243 



41 



; 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 193S: Gold and Coin i 
month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and cl 
uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 



Millions of Dollars 



III— GENERAL PUBLIC HOLDICk 

Bail 











Currency and Active 


Bank Deposits 












Currency 
Outside Banks 






Active Bank Deposit 


:s 






To 1 




Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 




Cii n i$ 
ai 




Notes'" 


Coin") 


Total 


(3) 

Demand 


Active (4 > 
Notice 


Other' 6 ) 

excl. 

Govt. 

of Canada 


Total 


Deduct™ 
Float 


Net 
Total 


Total 


Ac t 
Bsi, 
Dep il 


As at Dec. 31 


























1938 


207 


31 


238 


734 


187 


42 


963 


116 


847 


3 


850 


1,(8 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


171 


1,174 


10 


1,184 


1,13 


1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,16 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,<4 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,: 5 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,4 2 


Month-end 


























1948-Dec 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,c5 


1949-Jan. 


1,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,944 


87 


3,031 


4,12 


Feb. 


1,070 


69 


1,139 


2,289 


640 


260 


3,189 


317 


2,872 


80 


2,9;>i ) 


4,(1 


Mar. 


1,095 


69 


1,164 


2,281 


659 


287 


3,227 


335 


2,892 


85 


2,977 


4,11 


Apr. 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4,52 


May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


05 


3,000 


4,15 


1949-Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,42 


1950-Jan. 


1,059 


72 


1,131 


2,406 


692 


318 


3,416 


307 


3,109 


146 


3,255 


4,26 


Feb. 


1,071 


72 


1,143 


2,391 


699 


330 


3,420 


326 


3,094 


176 


:;.270 


4,43 


Mar. 


1,108 


73 


1,181 


2,399 


704 


372 


3,475 


361 


3,114 


151 


3,265 


4,46 


Apr. 


1,104 


74 


1,178 


2,330 


704 


351 


3,385 


280 


3,10.") 


200 


::,805 


4,43 


May 


1,065 


73 


1,138 


2,453 


702 


34S 


3,503 


365 


3,138 


203 


3,341 


4,49 



(1) Note Circulation of Bank of Canada and chartered banks, excluding (6) 
notes held by chartered banks. 

(2) Subsidiary coin issued by the Mint less coin held by Bank of Canada (7) 
and chartered banks in Canada. 

(3) Chartered banks' public demand deposits in Canada. 

(4) Chartered banks' public notice deposits in Canada other than (8) 
estimated aggregate Quarterly minimum balances in personal savings 
accounts and non-personal notice deposits. 

(5) Chartered banks' Canadian dollar deposits of provincial governments, (9) 
and of Canadian, United Kingdom, and foreign banks. 



Cheques on other banks as shown in chartered bank month-end 

returns to the Minister of Finance. 

Other Deposits with the Bank of Canada as shown in published 

month-end statements — i.e. excluding Government ol Canada. 

chartered bank and foreign deposits. 

Estimated aggregate minimum quarterly balances in chartered hanks' 

personal savings deposits in Canada plus non-personal notice di 

in Canada. 

Direct and guaranteed securities (including refundable tun), 1-Vr 

direct debt includes both matured and unmatured issues outstanding, 



JUNE 1950 
BANKS 



94 



VSSETS 




Loans 


Total 

Assets 




CANADA 


ABROAD 


Tttal 


Call 


Current 

Public 


Current 

Other 


Call 


Current 


199 


267 


1,343 


112 


301 


248 


3,528 


396 


117 


1,032 


165 


84 


172 


2,869 


1426 


107 


732 


117 


68 


165 


3,317 


408 


104 


1,693 


54 


76 


198 


7,811 


120 


81 


1,923 


75 


74 


234 


8,140 


1370 


97 


2,112 


105 


83 


220 


8,658 


1268 


101 


2,077 


71 


78 


240 


8,580 


311 


90 


2,054 


77 


73 


244 


8,458 


322 


108 


2,033 


86 


79 


247 


8,466 


285 


81 


2,026 


103 


79 


239 


8,426 


267 


90 


2,093 


106 


85 


213 


8,452 


342 


74 


2,085 


117 


78 


215 


8,604 


345 


133 


2,174 


97 


70 


211 


8,718 


365 


100 


2,164 


100 


76 


210 


8,664 


391 


84 


2,182 


117 


75 


215 


8,717 


453 


83 


2,218 


126 


76 


209 


8,839 


398 


103 


2,226 


123 


98 


212 


8,770 


408 


105 


2,234 


118 


87 


214 


8,912 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in o) 
Canada 


Deposits 
<«> 


Canadian 
Deposits 


Note (j) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


723 


6,966 


10.4 


1,105 


Dec- 1948 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


707 


6,859 


10.3 


1,075 


Mar. 


706 


7,064 


10.0 


1,094 


Apr. 


765 


7,090 


10.8 


1,083 


May 


729 


7,344 


9.9 


1,109 


Dec- 1949 


750 


7,247 


10.3 


1,064 


Jan-1950 


722 


7,190 


10.0 


1,060 


Feb. 


723 


7,304 


9.9 


1,070 


Mar. 


748 


7,417 


10.1 


1,078 


Apr. 


742 


7,394 


10.0 


1,070 


May 



n Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

:irculation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



? CERTAIN LIQUID ASSETS 

ida 



Millions of Dollars 





Govt, of 


Total 








Related 


Factors 










ctive 


Govt, of Canada Direct and Guaranteed Funded Debt (9) 


Bank< 13 > 
Loans 


Total' 14) 




rtered 

ink 

tice 


Held by Bk. of Can. & Ch. Bks. 


Held by Other Investors 




Securities 




Deduct^ 






Deduct 




& Non- 
Govt. 
Invest- 


Related 




osits 


(9)(10)(12) 




Total 

(10) 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Factors 












Deps. 






Govt. Accts. 


(10) 






























As at Dec. 31 


472 


3,228 


5,788 


949 


79 


870 


3,387 


159 


3,228 


1,628 


5,940 


1938 


438 


3,670 


6,671 


1,480 


32 


1,448 


3,759 


89 


3,670 


1,720 


6,876 


1940 


856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


1946 


143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


1947 


408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


1948 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


1949 


408 


10,249 


17,992 


4,972 


320 


4,652 


1 1 ,506 


1,257 


10,249 


3,341 


18,242 


Dec-1948 


484 


10,257 


17,903 


5,013 


420 


4,593 


11,484 


1,227 


10,257 


3,302 


18,152 


Jan. -1949 


520 


10,239 


17,850 


5,043 


487 


4,556 


11,396 


1,157 


10,239 


3,286 


18,081 


Feb. 


605 


10,058 


17,804 


4,990 


229 


4,761 


11,280 


1,222 


10,058 


3,206 


18,025 


Mar. 


667 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


17,985 


Apr. 


667 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


17,863 


May 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


Dec-1949 


802 


9,888 


18,076 


5,149 


163 


4,986 


10,793 


805 


9,988 


3,359 


18,333 


Jan. -1950 


838 


9,835 


18,086 


5,142 


116 


5,026 


10,623 


788 


9,835 


3,381 


18,242 


Feb. 


869 


9,803 


18,118 


5,255 


217 


5,038 


10,593 


790 


9,803 


3,437 


18,278 


Mar. 


857 


9,767 


18,107 


5,224 


182 


5,042 


10,546 


779 


9,767 


3,455 


18,264 


Apr. 


855 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


18,200 


May 



exclusive of sinking fund holdings; guaranteed debt is included on the (11) 

basis of the total unmatured issues outstanding; Newfoundland debt 
assumed by the Government of Canada has been included since (12) 

June 1949. Foreign-pay securities have been valued at official 
mid-rates of exchange. (13) 

(10) Chartered banks' temporary advances to the general public in con- 
nection with the purchase of Victory Loan Bonds at time of issue, 
amounting to 166, 261. 271, and 411 in the years 1942 to 194S inclu- 
sive, have been included in bank holdings of Government securities (14) 
and deducted from holdings of the general public. 



Canadian dollar deposits of the Government of Canada at chartered 

banks and Bank of Canada. 

Holdings of all investors other than Bank of Canada, chartered banks 

and Government of Canada accounts. 

All loans in Canada of the chartered banks other than temporary 

advances in connection with Victory Loan issues, plus chartered 

banks' holdings of provincial, municipal and "other" securities, and 

Bank of Canada holdingsof Industrial Development Bank Capitalstock. 

Includes Bank of Canada gold and exchange holdings in the years 

1938-1943 amounting to 214, 290, 38, 201, nil and 1 respectively. 



95 



JUNE 1950 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— June 


100.45 


2.97 


2.89 


2.65 


2.28 


1.67 


July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15 th of each month 




1936 1937 1936 1939 1940 1941 1942 1943 1944 194b 1946 1947 1946 1949 1930 

(1) Prior to 1940 (iRures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of 
month. (3) June IS, 



JUNE 1950 



96 



IV— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Month Treasury Bills 




Average of E 


usiness Days 




Tender Rate Nearest 15th of Month 


Canada (l) 


U. 


K.«» 


U.S.A.w) 
























U.K. 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 








Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


1949— Mar. 


100.80 


2.92 


103.54 


2.60 


102.05 


2.33 


.424 


.524 


1.162 


Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


May 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. IS, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treasury 2>i% due Dec. 15, 



2 0% 



2 2% 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. U.K. & U.S.A. 

Daily Opening Quotations 




* Security is not eligible for commercial banks before Dec. 1, 1952. 



97 



JUNE 195C 



V— GOVERNMENT BOND YIELDSt 

Bank of Canada 



1948 



Jan. 1 Mar. 31 June 30 Sept. 30 Dec. 31 



1949 



Mar. 31 June 30 Sept.30 Dec. 31 



1950 



Mar. 31 June 30' 







Government 


of Canada 


















1.73 


1.73 


1.70 


1.65 


1.75 


1.75 


2.07 


2.52 


2.45 


2.42 


2.34 


2.37 


2.39 


2.36 


2.34 


2.35 


2.43 


2.92 


2.81 


2.85 


2.78 


2.71 


2.70 


2.62 


2.59 


2.63 


2.60 


2.98 


2.94 


2.98 


2.93 


2.93 


2.91 


2.74 


2.72 


2.77 


2.74 


2.68 


2.69 


2.71 


2.51 


2.22 


2.22 


2.31 


1.97 


2.01 


- 


- 


- 


- 


- 


- 


- 


2.73 


2.64 


2.61 


3.01 


2.97 


2.82 


2.87 


2.68 


2.46 


2.54 


2.53 


2.24 


2.17 



INTERNAL ISSUES 

1%% due Nov. 1, 1951.... 

3% due Nov. 1, 1953/56. 

3% due June 1, 1957/60. 

3% due Sept. 1, 1961/66. 

NEW YORK ISSUES 
334% due Jan. 15, 1956/61. 
2%% due Sept. 1, 1974 (1 \. 
AY 2 % due July 1,1957*... 







United States Government 










1.60 


1.58 


1.47 


1.62 


1.52 


1.44 


1.26 


1.15 


1.20 


1.25 


2.13 


2.01 


1.98 


2.04 


1.93 


1.77 


1.59 


1.51 


1.46 


1.54 


2.41 


2.40 


2.40 


2.41 


2.37 


2.33 


2.25 


2.13 


2.08 


2.19 


2.48 


2.48 


2.48 


2.48 


2.47 


2.43 


2.38 


2.30 


2.24 


2.35 



2% due Sept.15, 1951/53.. 
2]/ 2 % due Mar.15, 1956/58. . 
2H% due Dec. 15, 1963/68. . 
2V 2 % due Dec. 15, 1967/72. . 





United Kingdom Government 










_ 


_ 


_ 


_ 


_ 


_ 


_ 


_ 


_ 


2.23 


2.80 


2.53 


2.38 


2.34 


2.18 


2.15 


2.65 


2.55 


2.49 


2.54 


2.86 


2.88 


2.81 


2.74 


2.61 


2.57 


2.86 


3.02 


3.07 


3.10 


2.98 


3.03 


3.03 


2.96 


2.86 


■ 2.86 


3.11 


3.37 


3.39 


3.44 



2M% due Feb. 15, 1955 (1) .... 

3% due Oct. 15, 1955/59... 
2^% due May 1, 1964/67... 

3% due Aug. 15, 1965/75. . . 



t Based on approximate market bid side. 



(1) New issue. 



* Canadian National Railways (Guaranteed by Canada). 



Millions of U.S. Dollars 



VI— OFFICIAL HOLDINGS OF GOLD AND U.S. DOLLARS* 

Department of Finance 





Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1948 


Gold 

U.S. Dollars 


296.0 
215.0 


305.3 

222.2 


313.5 
294.0 


322.7 
345.7 


331.2 
362.9 


340.4 
401.5 


350.7 
418.0 


359.9 

454.3 


370.9 
484.0 


380.1 
512.1 


388.9 
579.3 


401.3 
596.5 


Total 


511.0 


527.5 


607.5 


668.4 


694.1 


741.9 


768.7 


814.2 


854.9 


892.2 


968.2 


997.8 


1949 


Gold 

U.S. Dollars 


407.2 
614.7 


406.6 
637.3 


408.1 
659.1 


397.7 
593.5 


409.7 
567.5 


419.3 
557.6 


427.2 
545.9 


439.7 

547.4 


450.2 
535.1 


461.7 

545.7 


475.4 

593.0 


4S6.4 
630.7 


Total 


1,021.9 


1,043.9 


1,067.2 


991.2 


977.2 


976.9 


973.1 


987.1 


985.3 


1,007.4 


1,068.4 


1,117.1 


1950 


Gold 

U.S. Dollars 


500.3 
649.1 


500.7 
675.2 


502.3 
689.9 


502.3 
674.9 


506.2 
676.2 


509.5 
745.9 














Total 


1,149.4 


1,175.9 


1,192.2 


1,177.2 


1,182.4 


1,255.4 















* Gold and United States Dollars held by the Exchange Fund Account and United States Dollars held by Other Government of Canada Accounts; not including 
any part of an amount of $98.8 millions in U. S. Funds borrowed in the United States in August 1949 by the Government of Canada and set aside for the purpose 
of retiring an equal amount of certain securities payable in U.S. dollars in following months. 



JUNE 1950 



98 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 
Payrolls 














Index 










News- 


Central 


struction 


Loadings 


Department 


<« 


o> 




Gold 


Nickel 


Steel 


Print 


Electric 
Stations* 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 






Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




of Dollars 


1941 = 100 


1941 = 100 


Annual Totals* 4 ' 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















May 1950 

Monthly 

1948— Dec. 


4,283* 


120* 


3,193 


5,158 


43,311 


482 


3,879 


849 


128.1 


216.7 


327.0 


13.1 


280.4 


420.3 


3,415 


17.8 


316 


109.7 


133.8 


219.0 


1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.1 


124.8 


207.6 


Mar. 


342.7 


12.6 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


326.9 


10.6 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


332.4 


11.2 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


1949— Dec. 


373.1 


10.7 


263.9 


414.9 


3,747 


28.5 


301 


114.3 


132.2 


224.7 


1950— Jan. 


354.3 


10.2 


289.5 


417.0 


3,774 


24.0 


271 


49.7 


127.0 


208.9 


Feb. 


349.9 


9.6 


258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.6 


209.2 


Mar. 


383.2 


9.3 


294.3 


451.6 


3,792 


30.2 


330 


67.3 


122.2 


212.1 


Apr. 


369.7 


11.2 


279.3 


422.8 


3,648 


43.0 


292 


67.4 


123.1 


215.7 


May 






290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Apr. 1950. 



Index 1935-39 = 100 



VIII— INDUSTRIAL PRODUCTION ' 

Dominion Bureau of Statistics 





Mining 


Non-Durable Manufactures 


Durable Manufactures 


Total 
Manufac- 
tures 


Electric 
Power 


Total 
Industrial 
Produc- 
tion 




Foods & 
Beverages 


Clothing 


Total 


Iron & 

Steel 


Transpor- 
tation 
Equipment 


Total 


Average of months 

1937 


105.0 


102.0 


103.5 


105.8 


115.7 


121.2 


113.9 


108.8 


105.6 


108.0 


1941 


134.5 


136.3 


144.9 


140.4 


221.3 


298.7 


205.1 


164.2 


127.9 


157.2 


1946 


103.3 


174.6 


130.5 


163.0 


187.3 


215.9 


179.3 


169.0 


159.2 


159.2 


1947 


112.7 


184.3 


134.0 


174.2 


211.9 


240.0 


208.4 


186.8 


172.5 


175.5 


1948 


127.9 


188.9 


139.2 


179.0 


221.2 


236.4 


214.6 


192.1 


170.2 


181.5 


1949 


133.6 


189.3 


142.5 


179.8 


220.3 


245.2 


217.6 


193.8 


178.7 


184.3 


Aver. 12Mths. endg. 

Apr. 1950 


136.6 (2) 


191.5 


139.6 


180.8 


213.7 


252.9 


219.8 


195.2 


182.2 


186.3 


Monthly 

1948— Nov. 


132.3 


188.9 


145.8 


182.2 


229.4 


258.7 


223.0 


197.2 


156.9 


185.1 


Dec. 


136.3 


184.9 


148.1 


180.2 


230.2 


261.2 


226.3 


197.2 


159.3 


185.8 


1949— Jan. 


131.9 


170.5 


143.9 


173.6 


234.5 


204.2 


213.7 


188.4 


163.8 


178.7 


Feb. 


129.5 


164.6 


148.1 


175.3 


235.1 


222.5 


216.7 


190.6 


163.3 


180.0 


Mar. 


127.4 


179.0 


152.0 


179.6 


237.8 


252.5 


228.3 


197.5 


172.6 


185.9 


Apr. 


125.0 


178.2 


151.7 


179.1 


231.4 


266.6 


220.1 


194.2 


194.3 


184.7 


1949— Nov. 


137.2 


197.0 


144.8 


183.5 


215.4 


218.0 


215.8 


195.4 


169.0 


185.3 


Dec. 


138.7 


194.5 


142.3 


181.4 


212.6 


246.6 


222.4 


196.5 


174.2 


186.8 


1950— Jan. 


138.6 


175.0 


134.4 


175.0 


214.5 


262.3 


217.2 


190.5 


180.3 


182.6 


Feb. 


144.2 


172.4 


140.0 


177.8 


215.0 


266.4 


225.4 


195.3 


181.2 


187.2 


Mar. 


142.7 


183.8 


141.8 


182.1 


215.0 


253.8 


230.4 


200.2 


183.8 


191.0 


Apr.* 




188.4 


144.8 


184.0 


215.2 


255.9 


231.7 


201.6 


190.2 


193.0 



(1) Physical volume of Production. Seasonally adjusted indexes. (2) Average 12-months ending Mar. 19S0. * Preliminary. 



99 



JUNE 1950 



IX— WHOLESALE PRICES 

Index 1935-39 = 100 
CANADA U.K. 

Dominion Bureau of Statistics™ Board of Trade m 





Farm 
Products 

* 


Raw 

Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 

Monthly 

1949-May 


225.3 
225.2 


222.1 
220.6 


205.3 
206.1 


186.9 
187.1 


203.6 
202.9 


June 


230.1 


221.6 


209.4 


186.6 


202.7 


July 


231.3 


222.4 


211.7 


186.7 


203.1 


Aug. 


226.1 


219.2 


206.8 


186.6 


201.6 


Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.3 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.5 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 


May 


229.6 


232.4 


206.8 


189.1 


209.9 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


209.0 


232.9 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


232.2 


251.5 


236.5 


256.3 



U.S.A. 

Bureau of Labor Statistics^ 1 '' 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.1 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


225.3 


216.0 


207.1 


183.0 


193.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.4 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


ISO .4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926- 100. 

(2) Adjusted to 1935-39 = 100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926 = 100. 

* An Independent series with different weighting and different prices from those included in the "Total Index' 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The scries 



WHOLESALE PRICES : RESIDENTIAL BUILDING MATERIALS 

INDEX I939-I0O INDEX 1939 = 100 




I JUNE 1950 



100 



Index 1935-39=100 



X— COST OF LIVING' 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


128.8 


160.8 


First of Month 
















1949— Feb. 


200.4 


130.8 


181.8 


121.7 


167.8 


128.1 


159.5 


Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


128.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


May 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 



•Components were selected and weighted on the basis of 1938 family incomes ranging from $450 - $2,500, with incomes between $1,000-$1,600 most common. 



INDEX 1935-39=100 

170 



TOTAL 



COST OF LIVING 

FIRST OF MONTH FIGURES 



FOOD 



160 



150 



140 
0, 





r-1950 


»»»^^ 




L 1949 /^Z 
' ^1946 




x 































INDEX 1935-39 = 100 

210 



SON 




101 



JUNE 1950 



XI— EMPLOYMENT INDEXES* 



Unadjusted Index 1926 = 100 






Dominion Bureau of Statistia 














MANUFACTURING 


Mining 


Transpor- 
tation 


Construc- 
tion and 

Maint- 
enance 


Trade 






Foods 


Forest 
Industries 

(2) 


Textiles 


Machinery 

and 

Vehicles 


Other 

Iron and 

Steel 


Other 
Manufac- 
turing 


Total 


Average of Months'" 

1926 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


112.0 


112.4 


107.2 


121.8 


130.3 


124.8 


120.1 


109.7 


129.7 


126.2 


119.0 


1933 


101.7 


70.5 


96.1 


62.5 


59.0 


91.1 


97.5 


79.0 


74.6 


112.1 


83.4 


1937 


125.3 


117.0 


125.6 


98.6 


115.9 


126.1 


153.2 


85.2 


99.5 


132.1 


114.1 


1945 


191.2 


157.1 


158.5 


218.4 


342.0 


234.3 


146.9 


124.5 


109.1 


174.8 


175.1 


1946 


198.9 


170.5 


163.7 


174.1 


246.5 


215.5 


155.2 


128.4 


129.6 


191.2 


173.2 


1947 


204.5 


190.9 


172.4 


186.4 


255.9 


234.4 


158.1 


136.9 


152.9 


207.1 


187.9 


1948 


205.8 


191.7 


180.3 


193.0 


260.0 


241.3 


173.6 


140.5 


168.6 


221.4 


195.8 


1949 


203.3 


173.4 


185.3 


198.2 


245.7 


244.9 


178.7 


140.8 


174.2 


229.8 


196.1 


First of Month 

1948— Nov. 


221.4 


199.9 


183.2 


195.9 


257.3 


244.5 


181.5 


144.6 


192.7 


230.5 


203.6 


Dec. 


209.6 


203.2 


185.6 


201.1 


256.1 


246.1 


181.1 


144.5 


184.6 


239.5 


204.3 


1949— Jan. 


188.3 


193.1 


182.9 


200.7 


247.2 


244.0 


176.5 


140.7 


153.6 


238.9 


196.0 


Feb. 


180.9 


183.8 


187.9 


197.7 


250.9 


243.6 


178.8 


134.9 


142.9 


221.1 


190.5 


Mar. 


178.0 


180.1 


190.1 


200.5 


251.9 


242.5 


170.5 


132.9 


138.7 


220.0 


188.9 


Apr. 


175.2 


165.1 


190.7 


201.4 


251.6 


241.8 


171.1 


135.5 


142.0 


221.3 


187.6 


May 


184.1 


153.3 


188.0 


201.5 


248.2 


243.0 


171.4 


138.5 


158.0 


224.5 


189.1 


1949— Nov. 


221.9 


178.8 


185.6 


194.9 


239.9 


245.4 


184.8 


142.8 


197.7 


238.7 


202.2 


Dec. 


211.5 


179.5 


185.7 


194.2 


238.5 


245.4 


184.4 


142.2 


191.0 


248.8 


201.8 


1950— Jan. 


191.1 


175.3 


180.8 


194.0 


232.1 


243.0 


180.3 


135.6 


157.3 


249.9 


194.0 


Feb. 


182.3 


164.3 


187.0 


192.1 


230.7 


242.3 


181.1 


130.8 


143.8 


227.9 


187.2 


Mar. 


181.4 


163.4 


188.5 


192.4 


232.8 


242.1 


181.8 


129.4 


141.0 


227.5 


186.6 


Apr. 


183.5 


160.5 


189.5 


189.5 


234.5 


243.2 


183.0 


130.4 


149.3 


228.7 


187.9 


May 


189.0 


151.1 


187.3 


187.3 


236.5 


243.4 


183.4 


136.5 


156.6 


230.5 


188.7 



* As reported by establishments with not less than IS employees. Excluding employment indexes for financial institutions which were not compiled 
prior to 1940. (1) Average Jan. 1-Dec. 1. (2) Lumber and Products. Pulp and Paper Products and Logging. 



EMPLOYMENT, PAYROLLS AND EARNINGS IN INDUSTRY* 



INDEX JUNE 1,1941-100 



CENTS 



DOLLARS 




1941 42 43 44 45 46 47 48 49 50 

* As reported by establishments with not less than IS employees. (0 As reported, first of month, for the last week of the previous month and 
plotted at end of the previous month. (2) Hourly-rated wage-earners. (3) Jan. 1st figures affected by loss of working time during the holiday 
season and the average of Dec. 1st and Feb. 1st has been used. 



JUNE 1950 



Thousands 



102 



XII 



EMPLOYMENT AND PAYROLLS BY INDUSTRIES*: 

Dominion Bureau of Statistics 
NUMBER OF EMPLOYEES 



1949-50 



First of Month! 



1949 



Feb. 



Mar. 


Apr. 


May 


June 


July 


1,057 


1,057 


1,059 


1,068 


1,080 


79 


55 


38 


53 


58 


80 


80 


81 


83 


84 


50 


50 


51 


52 


53 


173 


176 


180 


184 


188 


184 


189 


210 


231 


255 


67 


67 


68 


70 


73 


277 


278 


283 


285 


287 


87 


88 


88 


89 


S9 


2,054 


2,042 


2,057 


2,114 


2,167 



Aug. 



Sept. 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 

Total 



1,056 

84 

84 

49 

175 

190 

68 

276 



1,075 
50 
86 
55 

190 
271 

76 
286 

89 



2,069 



2,177 



1,090 

48 

87 

56 

189 

273 

75 

287 

89 



2,196 



Thousands 



First of Month! 



1949 



Oct. 



Nov. 



Dec. 



1950 



Jan. 



Feb. 



Mar. 



Apr. 



May 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 

Total 



,086 
54 
87 
55 

190 

269 
76 

296 
91 



2,204 



1 ,076 

69 

87 

55 

186 

263 

75 

302 

91 



1,066 

74 

87 

55 

185 

254 

75 

316 

91 



1,041 

72 

85 

55 

177 

209 

74 

319 

92 



1,037 

57 

85 

55 

171 

191 

74 

291 

92 



1,041 

54 

86 

54 

169 

187 

73 

291 

93 



1,045 

48 

86 

55 

170 

199 

74 

292 

94 



2,203 



2,203 



2,123 



2,053 



2,048 



!,063 



1,047 

32 

86 

56 

178 

208 

75 

296 

94 



2,072 



Thousands of Dollars 



AGGREGATE WEEKLY PAYROLLS 



First of Month! 



1949 



Feb. 



Mar. 



Apr. 



May 



June 



July 



Aug. 



Sept. 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 

Total 



46,634 
3,263 
4,415 
1,926 
8,949 
7,920 
1,852 

10,085 
3,448 



46,927 
3,222 
4,138 
1,972 
8,994 
7,817 
1,879 

10,142 
3,567 



47,091 
2,353 
4,135 
1,953 
9,088 
7,930 
1,887 

10,237 
3,629 



47,039 
1,691 
4,064 
2,027 
9,207 
8,598 
1,936 

10,471 
3,640 



46,267 
2,112 
4,138 
2,097 
9,361 
9,273 
1,961 

10,521 
3,679 



47,644 
2,402 
4,303 
2,150 
9,608 

10,389 
2,048 

10,708 
3,712 



47,360 
2,046 
4,437 
2,223 
9,773 

11,129 
2,109 

10,744 
3,703 



88,492 



88,658 



88,300 



88,672 



89,410 



92,963 



93,524 



48,181 
2,074 
4,482 
2,296 
9,811 

11,487 
2,101 

10,736 
3,702 



94,870 



Thousands of Dollars 



First of Month! 



1949 



Oct. 



Nov. 



Dec. 



1950 



Jan. 



Feb. 



Mar. 



Apr. 



May 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 

Total 



48,714 
2,128 
4,546 
2,291 
9,847 

11,296 
2,152 

11,047 
3,736 



48,514 
2,625 
4,699 
2,322 
9,783 

11,105 
2,155 

11,295 
3,737 



48,360 
2,887 
4,703 
2,301 
9,700 

10,709 
2,180 

11,699 
3,748 



45,396 
2,715 
4,264 
2,364 
9,135 
8,270 
2,116 

11,819 
3,782 



47,097 
2,222 
4,524 
2,284 
8,781 
8,044 
2,139 

11,146 
3,811 



47,743 
2,260 
4,626 
2,297 
8,944 
8,295 
2,158 

11,137 
3,878 



48,270 
1,991 
4,672 
2,318 
9,058 
8,638 
2,193 

11,234 
3,989 



95,756 



96,236 



96,286 



89,861 



90,047 



91,338 



92,363 



48,508 
1,507 
4,669 
2,356 
9,320 
8,986 
2,253 

11,373 
3,999 



92,972 



* As reported by establishments with not less than 15 employees, t As reported first of month, for the last week of the previous month. 



103 



JUNE 1950 



Millions of Dollars 



XIII— MERCHANDISE IMPORI 

Compiled from "Trade of Canji 

(El 



Calendar 
Years 



Fruits 
and 

Nuts 



Vegetables 



Grains 
and 

Milled 
Products 
(incl. rice) 



Sugar 

and 

Products 



Tea 

and 

Coffee 



Alcoholic 

Beverages 

(1) 



Vegetable 
Oils 
(non- 
edible) 



Rubber 
(incl. syn- 
thetic) 



Furs 



Hides 

and 

Leather 

(unmfd. 

and mfd.) 



1929 
1932 
1937 

1946 
1947 
1948 
1949 

12-Mths. ending 

Apr. 1950 

Monthly 

1949— Mar. 
Apr. 
May 
June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1950— Jan. 
Feb. 

Mar. 
Apr. 



39 
21 
29 

118 

100 

91 

96 

100 

6.5 
8.0 
7.1 
8.8 
8.9 

7.7 

7.2 

10.4 

10.5 

9.2 

5.8 
7.3 
8.9 

7.7 



11 
5 
6 

27 

25 

8 

19 

21 

2.2 
2.5 

2.8 
3.3 
1.2 

.4 

.2 

.9 

1.2 

1.7 

1.9 
2.1 
2.5 

2.8 



26 
6 

18 

20 
36 
31 

26 

26 

1.3 
1.1 
2.0 
1.9 

2.1 

2.0 
2.2 
3.1 
5.1 
2.6 

1.0 
1.0 
1.0 
1.6 



28 
17 
21 

40 
57 
72 

71 

65 

4.1 
6.1 

7.7 
6.8 
5.7 



5 
5 
7 

10 
4, 



2.0 
1.7 
4.5 
3.1 



18 
10 
14 

26 
35 

42 
50 

57 

3.0 

4.4 
4.2 
4.2 
3.6 

3.9 

4.2 
4.5 
5.7 

4.4 

6.0 

5.1 
4.0 
7.2 



47 

17 

8 

13 
14 
16 
22 

20 

2.0 
1.9 

1.4 
1.4 
1.6 

1.6 
1.6 
1.8 
2.7 
3.1 

1.6 
1.0 
1.0 
1.0 



12 

5 

16 

12 
23 
19 
21 

22 

1.9 
1.4 
1.4 
1.3 
1.3 

1.5 
1.5 
2.5 
2.4 
1.6 

1.7 
1.9 
3.1 
1.7 



23 

4 

19 

20 
29 
32 
29 

30 

3.0 
2.0 
2.6 
1.7 

1.8 

2.5 
1.8 
2.7 
2.7 
2.4 

3.0 
3.1 
3.0 
3.1 



15 
4 



27 
22 
25 

20 

18 

1.7 
1.3 
1.1 
1.1 
.6 

.6 
1.8 
1.8 
1.6 

1.2 

2.3 
2.3 
1.8 
1.3 



20 

6 

12 

13 
26 
19 
25 

25 

2.5 
2.8 
2.0 
1.8 
1.6 

2.2 
2.4 
1.9 

1.7 
1.8 

2.3 
2.5 
2.7 
2.0 





Chemicals 




Pigs, Ingots 


Bars and 


Sheets, 


Structural 


Castings 


Engines, 


Farm 


Machinery 


Mo 


Calendar 


and 


Iron 


Blooms 


Rods incl. 


Plates. 


Iron and 


and 


Loco- 


Implements 


(except 


Vehi i 


Years 


Allied 


Ore 


and 


Rails 


Hoop. Band 


Steel 


Forcings 


motives 


and 


agri- 


an 




Products 




Billets 




and Strip 






and Boilers 


Machinery 


cultural) 


Pai 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


c 


1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


] 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


t 


1946 


93 


6 


1 


8 


38 


8 


7 


29 


68 


130 


1( 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


i« 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


u 


1949 


131 


12 


7 


13 


67 


18 


13 


59 


177 


216 


k 


12-Mths. ending 
























Apr. 1950 


135 


12 


3 


9 


54 


17 


10 


52 


177 


199 


u 


Monthly 
























1949— Mar. 


10.5 


- 


1.2 


1.6 


7.9 


1.6 


1.3 


5.9 


17.2 


20.7 


14 


Apr. 


11.1 


.2 


1.5 


1.9 


8.1 


1.8 


1.3 


4.9 


1S.2 


20.4 


14 


May 


10.6 


1.5 


1.0 


1.4 


6.8 


2.9 


1.4 


4.5 


17.5 


20.3 


15 


June 


10.8 


2.0 


.3 


1.4 


6.9 


2.7 


1.2 


6.0 


17.1 


19.3 


14 


July 


9.9 


3.2 


.4 


.9 


5.2 


1.2 


1.1 


4.9 


15.9 


1S.2 


16 


Aug. 


9.5 


1.9 


- 


.7 


5.3 


1.3 


.8 


4.8 


14.1 


14.1 


13 


Sept. 


10.6 


.7 


.1 


.8 


5.2 


1.6 


.7 


4.1 


14.1 


16.6 


13! 


Oct. 


12.2 


1.8 


.1 


.5 


2.9 


.7 


.7 


4.2 


12.2 


17.7 


14 


Nov. 


13.1 


.2 


.3 


.4 


1.9 


.5 


1.1 


3.9 


12.6 


17.4 


13 


Dec. 


11.8 


.3 


.1 


.5 


3.9 


1.2 


.8 


4.3 


10.6 


16.7 


12 


1950— Jan. 


11.0 


- 


.1 


.5 


4.4 


1.2 


.7 


3.6 


13.1 


18.2 


15 




Feb. 


10.5 


- 


.1 


.6 


3.9 


1.3 


.5 


3.3 


13.3 


14.7 


18. 


Mar. 


13.3 


- 


.1 


.7 


3.7 


1.2 


.5 


4.5 


17.7 


12.7 


19 


Apr. 


11.9 


— 


.1 


.7 


4.2 


1.1 


.7 


4.3 


1S.3 


13.5 


18 




(1) Before 1935 impor 


totals are si 


lbstantially c 


>ver-valued owing to inclu 


sion of U.K. 


excise taxes 


on spirits im 


ported from 


.hat country 


tlmp< 


>rts fro 


1 


in Council (9213) a 


nd the item 


'Canadian G 


oods Returned" (9195) ar 


e excluded. 












1 


H 



JUNE 1950 

MMODITY CLASSIFICATION 

inion Bureau of Statistics 
rold) 



104 



Millions of Dollars 



Cotton 


Silk 

(raw and 

mfd.) 


Wool 


Artificial 
Silk 


Flax, Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 

Matter 


Other Wood 
and Wood 
Products 




and 
tnfd. 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


18 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


8 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


21 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


15 


75 


4 


30 


35 


22 


23 


31 


19 


31 


20 


1946 


51 


119 


7 


30 


54 


34 


38 


46 


23 


32 


35 


1947 


57 


78 


4 


48 


67 


30 


27 


39 


17 


31 


25 


1948 


57 
56 
,2 


73 

63 

7.6 


6 
6 

.4 


37 

39 

4.0 


63 

54 

6.9 


30 

23 

3.5 


20 
21 

1.7 


37 

40 

2.9 


20 
20 
1.8 


36 

39 

2.9 


30 

31 

2.6 


1949 

12-Mths. ending 

Apr. 1950 

Monthly 

Mar.— 1949 


.0 


8.3 


.4 


3.6 


6.7 


3.6 


1.9 


3.1 


1.7 


2.9 


2.7 


Apr. 


.0 


7.2 


.4 


4.9 


6.1 


2.9 


1.7 


3.3 


1.7 


2.6 


2.6 


May 


:.0 


8.3 


.4 


4.1 


5.1 


3.1 


1.5 


2.9 


1.7 


2.7 


3.0 


June 


:.0 


5.2 


.5 


3.2 


6.0 


2.1 


1.7 


3.2 


1.5 


2.6 


2.3 


July 


.8 


3.6 


.4 


3.1 


5.7 


1.5 


1.4 


3.2 


1.5 


3.0 


2.5 


Aug. 


.2 


3.3 


.4 


2.0 


4.2 


1.4 


1.7 


2.9 


1.6 


3.7 


2.7 


Sept. 


.0 


4.2 


.5 


3.0 


3.2 


1.6 


1.9 


3.1 


2.0 


3.7 


2.5 


Oct. 


.6 


4.5 


.5 


2.3 


3.5 


1.7 


1.9 


3.4 


1.8 


3.8 


2.7 


Nov. 


.0 


4.2 


.5 


2.5 


2.8 


1.4 


1.1 


3.0 


1.6 


3.2 


2.1 


Dec. 


.5 


6.1 


.6 


3.0 


4.6 


1.8 


1.9 


3.8 


1.6 


3.2 


2.3 


Jan. — 1950 


.3 


5.4 


.6 


3.3 


4.1 


1.6 


2.1 


3.7 


1.7 


3.0 


2.7 


Feb. 


.3 


5.6 


.6 


4.3 


5.0 


1.8 


1.9 


3.9 


1.9 


3.7 


2.9 


Mar. 


.7 


6.0 


.5 


3.1 


3.9 


1.6 


2.4 


3.5 


1.8 


3.3 


2.4 


Apr. 



her 
on 
nd 
eel 


Bauxite 
Ore 


Tin 

and 

Products 


Electrical 
Apparatus 


Other 

Non-ferrous 

Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


All 

Other 

Imports 


Totalt 
Imports 


Calendar 
Years 


60 


3 


3 


37 


48 


64 


77 


11 


35 


75 


1,299 


1929 


14 


2 


1 


8 


11 


35 


43 


5 


13 


33 


453 


1932 


33 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


89 


9 


6 


48 


58 


133 


123 


23 


53 


119 


1,864 


1946 


27 


9 


7 


69 


77 


154 


207 


29 


63 


159 


2,570 


1947 


28 


10 


8 


62 


76 


206 


301 


26 


73 


115 


2,636 


1948 


43 
49 

1.7 


10 
10 
.1 


8 

6 

1.3 


70 

73 

5.8 


87 

91 

8.3 


157 

152 

12.7 


274 
273 
16.8 


25 

26 

2.0 


79 

79 

5.7 


157 

159 

12.0 


2,760 
2,732 
235.9 


1949 

12-Mths. ending 

Apr. 1950 

Monthly 

Mar.— 1949 


L3 


.4 


.4 


6.4 


8.6 


13.2 


16.6 


2.3 


6.1 


13.7 


242.7 


Apr. 


5.5 


.6 


.2 


5.7 


7.5 


12.6 


26.4 


2.1 


8.0 


13.9 


250.5 


May 


5.7 


1.4 


.4 


5.5 


6.9 


15.9 


24.6 


2.1 


7.5 


14.9 


250.5 


June 


1.2 


1.1 


.4 


4.8 


5.2 


13.5 


28.3 


1.9 


6.7 


13.9 


230.8 


July 


L.3 


1.3 


1.1 


5.4 


5.8 


11.5 


23.6 


2.0 


7.4 


14.5 


211.4 


Aug. 


L.4 


1.5 


.2 


5.3 


5.6 


14.4 


27.2 


2.1 


7.6 


14.5 


221.4 


Sept. 


).8 


1.4 


.3 


7.5 


8.0 


12.1 


25.2 


2.4 


7.8 


14.1 


234.2 


Oct. 


).6 


1.5 


.6 


6.8 


9.7 


13.9 


23.0 


2.8 


7.5 


14.0 


239.5 


Nov. 


).4 


.2 


.4 


5.8 


8.3 


12.5 


26.4 


2.0 


5.0 


11.0 


213.3 


Dec. 


).3 


.3 


.4 


6.7 


9.1 


12.3 


16.1 


2.0 


5.1 


10.8 


211.9 


Jan. — 1950 


>.7 


.1 


.3 


5.5 


7.2 


10.1 


15.2 


2.0 


4.6 


9.5 


200.1 


Feb. 


5.6 


.2 


.9 


7.3 


10.4 


10.5 


20.5 


2.3 


5.5 


12.8 


237.3 


Mar. 


r.9 


.3 


.6 


6.9 


7.3 


13.2 


15.9 


2.2 


5.9 


15.3 


230.9 


Apr. 



d Kingdom do not include articles imported for the use of the armed forces of the United Kingdom. In the years 1946 and 1947 articles free under Order 



105 



JUNE 1950 



Millions of Dollars 



XIV— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS"'* 





TOTAL EXPORTS (EXCLUDING GOLD) TO 




U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(S) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


12-Mths. ending 

May 1950 (6) 


1,681 


616 


62 


65 


131 


215 


134 


94 


2,998 


Monthly 

1949-Mar. 


123.9 


44.6 


7.2 


4.9 


13.6 


12.1 


10.0 


10.0 


226.2 


Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


5.0 


209.0 


May (,) 


178.5 


53.4 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 



Millions of Dollars 



MERCHANDISE IMPORTS"'* 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 




South 


Area 


Colonies 


South 














Africa 


(3) 


(4) 


America 


(5) 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


83 


193 


39 


2,760 


12-Mths. ending 




















Apr. 1950 (6 ' 


1,913 


313 


100 


4 


81 


81 


195 


45 


2,732 


Monthly 




















1949-Mar. 


169.0 


28.3 


7.6 


.6 


7.1 


7.2 


14.0 


2.1 


235.9 


Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.8 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. (9> 


162.2 


29.5 


5.7 


.2 


7.2 


(i.4 


14.!) 


1.7 


230.9 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



* Commencing April 1. 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



(3) 

(4) 
(5) 

(0) 



1947 articles admitted free under Order in Council (9213) and the item 

"Canadian Goods Returned" (9195) are excluded. 

Consists of Eire, India, Pakistan. Burma, Australia, New Zealand, Iceland. 

Ceylon and Iraq. Egypt is included in All Other. 

Excludes Spain, but includes Greece, Turkey, and British Sudan. 

Includes Egypt, Spain, Palestine, and also Newfoundland until March SI. 

1949. 

Preliminary. 



EXPORTS AND IMPORTS BY COUNTRIES* 



106 



EXPORTS 



IMPORTS 



MILLIONS Or DOLLARS 

1700 



RUNNING 12- MONTH TOTALS 




MILLIONS OF OOLLARS 

2100 



2000 



DMJ SOMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 




DMJSOMJ SOMJ SOMJ SOMJ SD 
1946 1947 1948 1949 1950 



* Excluding gold. See footnotes to table on page 105. 



107 



JUNE 1950! 



Thousands of Tons 



XV— STEAM RAILWAYS 

REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS'" 

Dominion Bureau of Statistics 





Farm Products an 


d Foods 


Forest 




Non-Metallic Minerals 


Manu- 












Products 
and 


Metals 








factures 
and 






Grains 


Livestock 


All 


Coal 


Petroleum 


All (2) 


Total 




and their 
Products 


and 
Meats 


Other 


Paper 




and 
Coke 


and 

Gasoline 


Other 


cellaneous 




Calendar Years 






















1929 


18,767 


2,278 


5,374 


19,629 


7,116 


24,405 


4,028 


13,684 


19,906 


115,187 


1932 


16,389 


1,619 


3,803 


8,304 


2,093 


14,384 


2,457 


3,626 


8,132 


60,807 


1937 


10,371 


1,840 


5,185 


13,932 


9,132 


17,566 


2,675 


6,022 


15,272 


81,995 


1944 


32,573 


2,887 


8,628 


19,785 


15,968 


25,195 


14,466 


6,458 


28,884 


154,845 


1945 


33,043 


2,615 


8,958 


20,264 


14,165 


23,718 


9,403 


6,904 


27,881 


146,952 


1946 


25,688 


2,279 


8,963 


22,866 


13,163 


25,950 


5,800 


8,382 


25,437 


138,528 


1947 


27,273 


2,019 


8,570 


26,132 


17,771 


25,463 


6,997 


10,254 


28,227 


152,705 


1948 


23,213 


2,093 


7,923 


26,968 


20,319 


28,145 


7,190 


11,033 


27,847 


154,732 


1949 


24,085 


1,871 


7,342 


21,929 


20,051 


23,701 


7,545 


10,482 


24,861 


141,867 


12-mths ending 






















Mar. 1950 


22,903 


1,862 


7,331 


20,919 


19,613 


23,856 


7,812 


10,484 


24,118 


138,898 


Monthly 

1948— Oct. 


2,827 


225 


902 


2,057 


2,027 


2,640 


644 


1,214 


2,337 


14,873 


Nov. 


2,813 


239 


964 


1,982 


1,973 


2,582 


580 


972 


2,460 


14,565 


Dec. 


2,137 


198 


744 


1,874 


1,561 


2,435 


523 


597 


2,275 


12,345 


1949— Jan. 


1,608 


148 


622 


1,913 


1,422 


2,267 


553 


423 


2,157 


11,114 


Feb. 


1,553 


117 


529 


2,324 


1,281 


2,177 


524 


443 


2,043 


10,991 


Mar. 


2,005 


143 


611 


2,372 


1,491 


1,969 


601 


575 


2,345 


12,112 


1949— Oct. 


2,744 


207 


880 


1,708 


1,859 


2,208 


679 


999 


2,060 


13,343 


Nov. 


2,582 


222 


812 


1,640 


1,715 


2,405 


631 


874 


1,929 


12,810 


Dec. 


1,869 


204 


584 


1,742 


1 ,322 


2,315 


589 


541 


1,835 


10,999 


1950— Jan. 


1,257 


146 


541 


1,576 


1,261 


2,076 


584 


432 


1,790 


9,662 


Feb. 


1,112 


118 


586 


1,860 


1,195 


2,060 


624 


445 


1,807 


9,807 


Mar. 


1,614 


135 


624 


2,163 


1,300 


2,432 


738 


566 


2,206 


11,777 



(1) Carried in Canada. (2) Sand and Gravel, Cement, Lime and Plaster, Stone, Slate, Clay, Asphalt, Salt. 



REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS"' 

MILLIONS OF SHORT TONS MILLIONS OF SHORT TONS 




1930 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 

(1) Carried in Canada. (2) Running 12-month totals in 1944-50 inclusive. 



JUNE 1950 



108 



XVI— U.S.A. STATISTICS 

Federal Reserve Board or Dept. of Commerce Statistics unless otherwise stated. 



MILLIONS Of PERSONS 



V^T >— EMPLOYED 



MILLIONS OF PERSONS POINTS IN TOTAL INDEX 



P 1 NTS IN TOTAL INDEX 



CIVILIAN LABOUR FORCE 




200 



60 



bb 








MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



BILLIONS OF DOLLARS 



BILLIONS OF DOLLARS 



1800 



1400 



1000 




TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 109-110 

Chartered Banks: Canadian Deposits, Loans and Govt, of 

Canada and Provincial Securities 109 

Total Currency and Active Bank Deposits and Inactive Notice 

Deposits 110 

II Chartered Banks: 

Liabilities and Assets 111-112 

III General Public Holdings of Certain Liquid Assets 111-112 

IV Security Prices: » 

. Government Securities, Canada, U.K. and U.S. A 113 

Yields of Government Bonds, Canada, U.K. and U.S.A. ... 113 

Government Securities Payable in Canada only 114 

V Canadian Gold Statistics 114 

VI Bond Issues and Retirements 115 

VII Business Activity 116 

Business Activity 116 

VIII Wholesale Prices 117 

IX Cost of Living 117 

X Grains : Acreage and Production 118 

XI Exports and Imports by Countries 119 

Merchandise Trade: Exports, Imports and Balance .... 120 

XII Merchandise Exports: Commodity Classification ...:.. 121-122 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



JULY 1950 



109 
















JULY 1950 


Millions of Dollars 


















[— B,f 




LIABILITIES 




Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits ] 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


To 

Liabi| 

c 

Assj 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


2!- 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


3" 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


4< 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


l,4ii 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,8-, 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,8!| 


1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


i,9:| 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,9', 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,1<, 


1949— Jan. 


182.2 


545.1 


727.3 


141.8 


86.8 


- 


1,047.0 


42.5 


2,0s 


Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,o:, 


Mar. 


165.8 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,01, 


Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1,103.0 


26.9 


2,1s 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2,0!, 


June 


154.9 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,i:] 


1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2,l!j 


Feb. 


179.5 


554.8 


734.4 


24.3 


176.4 


82.2 


1,071.1 


21.9 


2,1 


Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,1< 


Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,1,, 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,1! 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,2i, 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31, 1949. -fcMay l'| 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the 



CHARTERED BANKS: CANADIAN DEPOSITS, LOANS AND GOVT. OF CANADA 

AND PROVINCIAL SECURITIES 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



7000 



6000 



5000 



4000 



3000 



2000 




7000 



6000 



5000 



4000 



3000 



2000 



JULY 1950 

CANADA 



110 



Millions of Dollars 



ASSETS 














Securities 
















Foreign' 1 > 














AH 




>ld 


Silver 


Exchange 


Govt, of Canada 
and Provincial 


Ind. Dev. 
Bank 


Other 


Total 


Advances 


Other 










Under 2 yrs. 


Over 2 yrs. 


Cap. Stock 


Securities 






Accounts 
























Average of 






















Month-end Figures 


1.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


2.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


3.8 


- 


41.7 


142.8 


46.2 


- 


— 


189.1 


.2 


6.7 


1939 


f 




• 


• 


• 






• 








- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


— 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


.1 


1,188.3 


806.9 


25.0 


- 


2,020.2 


- 


25.1 


Jan. — 1949 


- 


- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. 


- 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 


- 


- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 


- 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 


- 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 


- 


- 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


— 


42.6 


Jan. — 1950 


- 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


- 


25.7 


Feb. 


- 


- 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. 


- 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr. 


- 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May 


- 


— 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


— 


28.2 


June 



ent figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
ge Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



TOTAL CURRENCY AND ACTIVE BANK DEPOSITS AND INACTIVE 

NOTICE DEPOSITS 

MILLIONS Or DOLLARS MILLIONS OF DOLLARS 



4500 



4000 



3500 



3000 



2500 




4500 



4000 



3500 



3000 



2500 



j 

1946 
: see note (8) table III on page 111. 



Ill 



Millions of Dollars 



ftwifl 



Average of 
Month-end figures 

1929 
1932 
1937 

1947 
1948 
1949 

End of 

1949-Jan. 
Feb. 
Mar. 

Apr. 
May 
June 

1950-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 



LIABILITIES 



Notes 



178 
132 
110 

20 
17 
15 

16 
16 
15 
15 
15 
15 

I (6) 



Deposits 



Demand 



696 
486 
691 

2,139 
2,259 
2,353 

2,337 
2,289 
2,281 
2,288 
2,284 
2,319 

2,406 
2,391 
2,399 
2,330 
2,453 
2,538 



Notice 



1,480 
1,376 
1,574 

3,681 
3,972 
4,334 

4,118 
4,159 
4,264 
4,339 
4,339 
4,330 

4,494 
4,537 
4,572 
4,560 
4,557 
4,538 



Govt, of 

Canada 

and Prov 



102 
82 
90 

404 
355 
490 

487 
508 
382 
402 
508 
534 

296 
349 
429 
411 
407 
371 



Canadian 
Deposits 



2,293 
1,955 
2,382 

6,278 
6,644 
7,267 

6,999 
7,017 
6,998 
7,103 
7,233 
7,287 

7,287 
7,350 
7,490 
7,382 
7,504 
7,552 



Foreign 



418 
312 
421 

851 

817 
744 

800 
799 
787 
708 
724 
722 

744 
728 
719 
737 
758 
745 



Total 
Deposits 



2,837 
2,322 
2,840 

7,237 
7,567 
8,106 

7,885 
7,902 
7,870 
7,898 
8,049 
8,112 

8,125 
8,191 
8,307 
8,226 
8,372 
8,409 



Cash 
in (3> 
Canada 



212 
186 
240 

665 
705 
748 

727 
698 
706 
749 
765 
723 

731 

734 
718 
717 
745 
699 



Securities 



Govt, of Canada 
and Provincial 



Under 2 yrs. Over 2 yrs 



342 
490 



445 

871 

891 

1,012 

932 
939 
884 
812 
853 
1,079 

1,023 
1,049 
995 
956 
940 
734 



674 

2,524 
2,423 
2,562 

2,549 
2,587 
2,616 
2,660 
2,686 
2,513 

2,544 
2,540 
2,661. 

2,640 
2,655 
2,729 



Foreign 
Govt. 



0: 



157 
206 



68 

290 
259 
237 

238 
226 
223 
233 
235 
240 

251 
252 
229 
235 
243 
238 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 19,55: Gold and Coin in Canal 
month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered! 
uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 



Millions of Dollars 



III— GENERAL PUBLIC HOLDI ( 

Ba 



Currency and Active Bank Deposits 



Currency 
Outside Banks 



Notes' 1 ' 



Coin") 



Total 



Active Bank Deposits 



Chartered Banks 



(3) 

Demand 



Active < 4 > 
Notice 



Other' 6 ' 

excl. 

Govt. 

of Canada 



Total 



Deduct™ 
Float 



Net 
Total 



(7> 

Bank of 
Canada 
"Other" 
Deposits 



Total 



To, 
Curr 

at 

Act 

u. 

Dep 



As at Dec. 31 

1938 
1940 
1946 
1947 
1948 
1949 

Month-end 

1949-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 

1950-Jan. 
Feb. 

Mar. 
Apr. 
May 
June 



207 
341 
1,031 
1,046 
1,115 
1,110 

1,063 
1,070 
1 ,095 
1,118 
1,085 
1,130 

1,059 
1,071 
1,108 
1,104 
1,065 
1,121 



31 
38 
65 
66 
70 
74 

68 

69 
69 
70 
70 

71 

72 
72 
73 

74 
73 
75 



238 
379 
096 

112 
185 
184 

131 
139 
164 
188 
155 
201 

131 
143 
181 
178 
138 
196 



734 
1,031 
2.291 
2,296 
2,544 
2,426 

2,337 

2,289 
2,281 
2,288 
2,284 
2,319 

2,400 
2,391 
2,399 
2,330 
2,453 
2,538 



187 
203 
614 
597 
649 
682 

634 
640 
659 
672 
671 
670 

692 
699 
704 
704 
702 
699 



85* 
112 
229 
233 
276 
338 

266 
260 
287 
300 
315 
317 

318 
330 
372 
351 
34S 
351 



1,006* 

1,346 

3,134 

3,126 

3,469 

3,446 

3,237 
3,189 
3,227 
3,260 
3,270 
3,306 

3,416 
3,420 
3,475 
3,385 
3,503 
3,588 



116 
172 
328 
362 
400 
335 

293 
317 
335 
277 
335 
394 

307 
326 
361 

280 
365 

475 



890' 
1,174 
2,806 
2,764 
3,069 
3,111 

2,944 
2,872 
2,892 
2,983 

2,935 
2,912 

3,109 
3,094 
3,114 
3,105 
3,138 
3,113 



3 
10 
94 
68 
81 
127 

87 
80 
85 
81 
65 
74 

146 

176 
151 
200 
203 
216 



893 s 

1,184 
2,900 
2.S32 
3,150 
3.23S 

3,031 
2,952 
2,977 
3,064 
3,000 
2,986 

3,255 
3,270 
3,265 

3,305 
3,341 
3,329 



1,1 

1,J 
3,J 
3,!l 

4.:s 

4, 

4,: 

4.(1 
4. 

4.: 

4,1 

4. ! 

4,d 

4. 
4,' 
4... 

4." 
4..: 



(1) Note Circulation of Bank of Canada and chartered banks, excluding 
notes held by chartered banks. 

(2) Subsidiary coin issued by the Mint less coin held by Bank of Canada 
and chartered banks in Canada. 

(3) Chartered banks' public demand deposits in Canada. 

(4) Chartered banks' public notice deposits in Canada other than 
estimated aggregate quarterly minimum balances in personal savings 
accounts and non-personal notice deposits. 

Chartered banks' Canadian dollar deposits of provincial governments, 
and of Canadian, United Kingdom, and foreign banks. 



(5) 



(6) Cheques on other banks as shown in chartered bank month-end 
returns to the Minister of Finance. 

(7) Other Deposits with the Bank of Canada as shown in published 
month-end statements — i.e. excluding Government of Canada. 
chartered bank and foreign deposits. 

(8) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits ' 
in Canada. 

(9) Direct and guaranteed securities (including refundable t.iv* l-\>r 
direct debt includes both matured and unmatured issues outstanding. 



JULY 1950 



112 



) BANKS 

ida 



Millions of Dollars 



ASSETS 




Loans 


Total 
Assets 




CANADA 


ABROAD 


tal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


199 


267 


1,343 


112 


301 


248 


3,528 


>96 


117 


1,032 


165 


84 


172 


2,869 


126 


107 


732 


117 


68 


165 


3,317 


08 


104 


1,693 


54 


76 


198 


7,811 


20 


81 


1,923 


75 


74 


234 


8,140 


170 


97 


2,112 


105 


83 


220 


8,658 


til 


90 


2,054 


77 


73 


244 


8,458 


122 


108 


2,033 


86 


79 


247 


8,466 


!85 


81 


2,026 


103 


79 


239 


8,426 


!67 


90 


2,093 


106 


85 


213 


8,452 


142 


74 


2,085 


117 


78 


215 


8,604 


.96 


72 


2,085 


110 


94 


215 


8,668 


.65 


100 


2,164 


100 


76 


210 


8,664 


91 


84 


2,182 


117 


75 


215 


8,717 


153 


83 


2,218 


126 


76 


209 


8,839 


98 


103 


2,226 


123 


98 


212 


8,770 


08 


105 


2,234 


118 


87 


214 


8,912 


76 


145 


2,293 


115 


90 


222 


8,950 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5) 
Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


748 


6,997 


10.7 


1,062 


Jan.- 1949 


719 


6,939 


10.4 


1,055 


Feb. 


707 


6,859 


10.3 


1,075 


Mar. 


706 


7,064 


10.0 


1,094 


Apr. 


765 


7,090 


10.8 


1,083 


May 


769 


7,138 


10.8 


1,084 


June 


750 


7,247 


10.3 


1,064 


Jan.-1950 


722 


7,190 


10.0 


1,060 


Feb. 


723 


7,304 


9.9 


1,070 


Mar. 


748 


7,417 


10.1 


1,078 


Apr. 


742 


7,394 


10.0 


1,070 


May 


724 


7,419 


9.8 


1,071 


June 



Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

rculation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



CERTAIN LIQUID ASSETS 



la 










* 










Millions of Dollars 


(8) 

tive 


Govt, of 


Total 








RELATED 


Factors 










Govt, of Canada Direct and Guaranteed Funded Debt< 9 > 


Bank< 13 > 
Loans 


Total (I4) 




ered 


Held by Bl< 


. of Can. & Ch. Bks. 


Held by Other Investors 




IK 

ice 


Securities 




Deduct 1 - 1 " 






Deduct 




& Non- 
Govt. 
Invest- 


Related 




isits 


(9)(10)(1S) 




Total 

(10) 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Factors 












Deps. 






Govt. Accts. 


(10) 






























As at Dec. 31 


172 


3,228 


5,831* 


949 


79 


870 


3,387 


159 


3,228 


1,628 


5,940 


1938 


138 


3,670 


6,671 


1,480 


32 


1,448 


3,759 


89 


3,670 


1,720 


6,876 


1940 


156 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


1946 


43 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


1947 


108 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


1948 


r 51 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


1949 


184 


10,257 


17,903 


5,013 


420 


4,593 


11,484 


1,227 


10,257 


3,302 


18,152 


Jan. -1949 


120 


10,239 


17,850 


5,043 


487 


4,556 


11,396 


1,157 


10,239 


3,286 


18,081 


Feb. 


!05 


10,058 


17,804 


4,990 


229 


4,761 


11,280 


1,222 


10,058 


3,206 


18,025 


Mar. 


167 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


17,985 


Apr. 


i67 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


17,863 


May 


160 


9,880 


17,727 


5,210 


433 


4,777 


10,954 


1,074 


9,880 


3,265 


17,922 


June 


102 


9,888 


18,076 


5,149 


163 


4,986 


10,793 


805 


9,988 


3,359 


18,333 


Jan.-1950 


138 


9,835 


18,086 


5,142 


116 


5,026 


10,623 


788 


9,835 


3,381 


18,242 


Feb. 


169 


9,803 


18,118 


5,255 


217 


5,038 


10,593 


790 


9,803 


3,437 


18,278 


Mar. 


157 


9,767 


18,107 


5,224 


182 


5,042 


10,546 


779 


9,767 


3,455 


18,264 


Apr. 


155 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


18,200 


May 


539 


9,869 


18,233 


5,116 


160 


4,956 


10,665 


796 


9,869 


3,559 


18,384 


June 



exclusive of sinking fund holdings; guaranteed debt is included on the 
basis of the total unmatured issues outstanding; Newfoundland debt 
assumed by the Government of Canada has been included since 
June 1949. Foreign-pay securities have been valued at official 
mid-rates of exchange. 
(10) Chartered banks' temporary advances to the general public in con- 
nection with the purchase of Victory Loan Bonds at time of issue, 
amounting to 166, 261, 271, and 411 in the years 1942 to 1945 inclu- 
sive, have been included in bank holdings of Government securities 
and deducted from holdings of the general public. 



(11) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(12) Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered 
banks' holdings of provincial, municipal and "other" securities, and 
Bank of Canada holdingsof Industrial Development Bank Capitalstock. 

(14) Includes Bank of Canada gold and exchange holdings in the years 
1938-1943 amounting to 214, 290, 38, 201, nil and 1 respectively. 

* Revised. 



113 



JULY 1950 









IV— SECURITY 


PRICES 
















Bank of Canada 










Government Bonds 


3 Month Treasury Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




CanaHa< l > 


U. K.< 2 > 


U.S A.»> 




















Canada 


U.K. 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 




















1949— Apr. 


100.88 


2.91 


103.72 


2.58 


102.07 


2.33 


.489 


.510 


1.153 


May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


Mav 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


July 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


1.168 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. 15, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1. 1952. 



(3) U.S. Treasury 2H% due Dec. 15. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. U.K. & U.S.A. 

Daily Opening Quotations 



2 0% 



2 2% 




S£PT. OCT 

1949 



1950 



* Security is not eligible for commercial banks before Dec. 1, 1952. 



JULY 1950 



114 



IV— SECURITY PRICES 

Bank of Canada 







Government of Canada Bonds Payable in Canada Only 








Based on Middle of the Market quotations 






Average of B 


usiness Days 


15th of Each Month 








Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Pe. 


■petuals 


15 Year 


9 Year 


5 Year 


2 Year 








Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— July 


100.57 


2.96 


2.87 


2.67 


2.30 


1.68 


Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 



Thousands of Fine Ounces 



V— CANADIAN GOLD STATISTICS 

Bank of Canada 





SOURCES 


DISPOSITION 








Net Release 






Net Increase 








New 
Gold"' 

Production 


Physical' 2 ' 
Imports 


from Gold 

held in 
Safekeeping 
for Non- 
residents 


Total 

Gold 

Available 


Physical' 3 ' 
Exports 


in Gold 
held in 
Safekeeping 
for Non- 
residents 


Net Increase 
or Decrease 
in Official 
Holdings' 4 ' 


Total 

Disposition 

of Gold 


Calendar Years 


















1939 


5,096 


17,681 


- 


22,777 


11,104 


10,700 


973 


22,777 


1940 


5,290 


73,468 


- 


78,758 


55,987 


25,114 


2,343 


78,758 


1941 


5,313 


1,389 


4,960 


11,662 


11,680 


- 


18 


11,662 


1942 


4,809 


- 


1,567 


6,376 


5,825 


- 


551 


6,376 


1943 


3,703 


- 


157 


3,860 


1,868 


- 


1,992 


3,860 


1944 


2,862 


214 


231 


3,307 


1,311 


— 


1,996 


3,307 


1945 


2,503 


— 


695 


3,198 


1,505 


— 


1,693 


3,198 


1946 


2,600 


5 


12,482 


15,087 


9,834 


- 


5,253 


15,087 


1947 


2,851 


2 


5,516 


8,369 


15,524 


- 


7,155 


8,369 


1948 


3,423 


2,384 


- 


5,807 


2,505 


11 


3,291 


5,807 


1949 


3,866 


11 


530 


4,407 


1,967 


- 


2,440 


4,407 


Quarters 


















1950- I 


1,070 


- 


- 


1,070 


218 


396 


456 


1,070 


II 


1,097 


7 




1,104 


367 


531 


206 


1,104 



(1) Newly mined gold sold by the Mint (excl. small sales for industrial purposes) plus exports of raw gold or concentrates direct from the mines for refining 
abroad. This series coincides with net non-monetary gold exports published monthly since 1939. 

(2) Excluding small amounts of unmanufactured gold, scrap and manufactured forms which are shown under various headings in the import returns. 

(3) Excluding the gold content of exports of jewellers' sweepings and precious metals scrap which are shown in the export returns. 

(4) Holdings of the Exchange Fund Account and Bank of Canada. 



115 

VI— BOND ISSUES AND RETIREMENTS 

Par Values in Millions of Canadian Dollars* Bank of Canada 



JULY 1950 



(i) 





I-Govr. of Canada Direct & 
Guaranteed and Other C.N.R. 




II-Provincial Direct and Guaranteed 








Net New 


New Issues 


Retirements 


Net New 




New Issues 


Retirements 


Issues or 
Retirements 










Issues or 
Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 


















1945 


3,636.5 


132.7 


3,503.9 




40.8 


137.3 


137.4 


69.3 


28.6 


1946 


913.5 


866.1 


47.4 




59.6 


73.4 


68.7 


82.5 


18.2 


1947 


371.4 


641.5 


270.1 




150.1 (2) 


125.2 


125.2 


84.9 


65.2 (2) 


1948 


1,424.8 


1,634.8 


210.0 




235.2 


104.3 


85.0 


80.2 


174.2 


1949 


820.7 


1,236.7 


416.1 




405.2 


53.8 


73.4 


47.9 


337.7 


First Half 




















1946 


16.7 


409.0 


392.3 




29.9 


31.1 


18.3 


39.4 


3.3 


1947 


88.0 


462.8 


374.7 




104.1 


72.1 


51.4 


34.5 


90.3 


1948 


510.2 


701.9 


191.7 




75.6 


51.9 


20.2 


36.2 


71.1 


1949 


52.2 


151.1 


98.9 




138.2 


10.9 


32.0 


31.6 


85.6 


1950 


1,151.4 


1,251.4 


100.0 




182.8 


105.9 


101.6 


65.1 


122.0 





III-CORPORATIONS 




New Issues 


Retirements 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 

1945 


79.1 


107.3 


110.2 


76.2 


.1 


1946 


125.3 


460.8 


460.1 


124.8 


1.2 


1947 


267.2 


203.1 


197.3 


152.2 


120.7 


1948 


271.2 


20.1 


25.8 


60.8 


204.7 


1949 


232.2 


41.8 


41.8 


75.5 


156.7 


First Half 

1946 


77.7 


278.2 


248.5 


73.3 


34.2 


1947 


101.9 


178.8 


174.3 


60.0 


46.3 


1948 


146.3 


13.0 


15.8 


33.2 


110.3 


1949 


119.1 


10.7 


10.7 


35.2 


83.9 


1950 


230.1 


17.0 


17.0 


37.5 


192.6 



I+II+III 



Net New 

Issues or 

Retirements 



3,475.2 

30.4 

84.1 

169.0 

78.4 

354.9 

238.1 

10.2 

70.6 

214.6 



IV-Govt.ofCanadaTreasuryBills. 


Deposit Certificates and Short- 


TermNotesSoldDirectlytoBank 


of Canada and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


695 


1,796 


250 


1,546 


346 


1,200 


100 


1,300 


100 


1,200 


— 


1,796 


66 


1,480 


100 


1,300 


- 


1,300 


100 


1,300 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT (,) 

GOVERNMENT OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
_ „ * AND CORPORATION BONDS 

Par Values in Millions of Canadian Dollars 





NEW ISSUES were payable In: 




Retirements 


were payable in: 


Net Incr 

Net De 

In Bonds C 


ease or 
crease 
lutstand- 
able: 




Canada 
only 


NewYork 
only 


Canada & 
NewYork 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


Canada, 
New York 
& London 


London 


Total 


Ing Paj 




In Canada 
only 


Abroad 


Calendar Years 

1945 


3,873.6 


49.0 


77.9 


.4 


4,000.9 


283.4 


73.2 


52.0 


101.0 


16.1 


525.7 


3,590.2 


115.0 


1946 


1,456.3 


171.4 


4.8 


.1 


1,632.6 


1,101.9 


317.5 


109.4 


58.1 


15.2 


1,602.2 


354.4 


324.0 


1947 


1,106.0 


5.5 


5.0 


.4 


1,116.9 


938.3 


66.5 


60.6 


104.8 


30.9 


1,201.1 


167.8 


251.9 


1948 


1,765.4 


290.0 


- 


.3 


2,055.6 


1,695.4 


161.2 


19.0 


5.3 


5.6 


1,886.6 


69.9 


99.1 


1949 


1,453.6 


100.0 


- 


- 


1,553.6 


1,356.9 


8.9 


10.9 


90.6 


8.1 


1,475.2 


96.8 


18.4 


First Half 
1946 


316.7 


116.9 


_ 


_ 


433.6 


463.9 


224.8 


79.0 


11.3 


9.5 


788.6 


147.3 


207.6 


1947 


534.2 


5.5 


5.0 


.2 


544.9 


595.6 


44.3 


38.0 


90.0 


15.0 


782.9 


61.4 


176.7 


1948 


656.9 


140.0 


- 


.1 


797.0 


779.5 


10.0 


12.0 


3.5 


2.3 


807.3 


122.6 


112.4 


1949 


331.2 


- 


- 


- 


331.2 


242.9 


4.7 


4.8 


4.1 


4.1 


260.6 


88.2 


17.6 


1950 


1,549.4 


137.8 


— 




1,687.2 


1,341.8 


4.1 


74.7 


43.8 


8.2 


1,472.6 


207.6 


7.0 



* Issues payable in foreign currency are included on the basis of the official rates of the Foreign Exchange Control Board. 

(1) Subject to revision. Provincial Treasury Bills are excluded. Govt, of Canada Treasury Bills, Deposit Certificates and short-term notes sold directly to 
Hank of Canada and the chartered banks are not included in Heading I but are shown separately in Heading IV. Because of lack of sufficient data no 
tabulation in respect of municipalities and religious institutions was possible. However, the net reduction of total municipal bonded debt less sinking funds 
has been (in millions of dollars), 43 and 5 in the years 1945 and 1946 respectively. Before the transfer to the Quebec Municipal Commission of certain 
school debt, the estimated net increase in 1947, 1948 and 1949 was 31. 71 and 89. 

(2) Before giving effect to the issue of $112.2 million of Quebec Hydro debentures in connection with retirement of" Montreal Light, Heat & Power stock and ol 
$63.2 million of Quebec Municipal Commission bonds re transfer of the debt of certain school corporations. 



JULY 1950 




















116 








VII- 


-BUSINESS ACTIVITY 

Dominion Bureau of Statistics 












PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 
Payrolls 












Index 










News- 


Central 


struction 


Loadings 


Department 


(3) 


(3) 




Gold 


Nickel 


Steel 


Print 


Electric 
Stations* 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 






Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


I housands 


of Dollars 


1941 = 100 


1941 = 100 


Annual Totals' 41 






















1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


288 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


126 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















June 1950 


4,324* 


121* 


3,199 


5,162 


43,528 


499 


3,911 


851 


128.2 


217.8 


Monthly 






















1949— Jan. 


309.8 


11.2 


284.7 


420.6 


3,407 


30.3 


300 


49.1 


128.4 


204.5 


Feb. 


307.6 


10.9 


259.3 


406.9 


3,112 


19.2 


289 


50.1 


124.8 


207.6 


Mar. 


342.7 


12.6 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


326.9 


10.6 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


332.4 


11.2 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


June 


343.3 


10.6 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


1950— Jan. 


354.3 


10.2 


289.5 


417.0 


3,774 


24.0 


271 


49.7 


127.0 


208.9 


Feb. 


349.9 


9.6 


258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.6 


209.2 


Mar. 


383.3 


9.3 


294.3 


451.6 


3,792 


30.2 


330 


67.3 


122.2 


212.1 


Apr. 


369.7 


11.2 


279.3 


422.8 


3,648 


43.0 


292 


67.4 


123.1 


214.2 


May 


373.8 


11.0 


290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 


June 






276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.4 


222.2 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending May 1950. 



BUSINESS ACTIVITY: 1948-1950 



INDCX 1035-39-100 



INDCV JUNC 1,1941 -100 



INDUSTRIAL PRODUCTION 
I950i 




DJFMAMJJASOND 




DJ FMAMJJASOND 



INDEX 1935-39-100 




'DJFMAMJJASOND 



DJFMAMJJASOND 





THOUSANDS 








UNEMPLOYMENT' 2 ' 


400 


















^1950 




300 














200 


/ - > 




I949y 


//I948 N 


i 


yj 


100 





^"^X 


^sy*^ 


= 111 


i i T^ 


1 1 1 


DJFMAMJJASOND 




NOCX 1935-39-100 




COST OF LIVING' 31 


170 














160 
150 


i 




. , 1949 




^1948 




7^ 






140 








■ i i i 


1 I 1 


1 1 1 


3 J F M / 


^ M J J / 


V S O N D 



(1) 8 leading industries; first of month figures. (2) Unemployment offices' unplaced applicants at end of month. (3) First of month figures. 



117 



JULY 1950! 



VIII- 



CANADA 

Dominion Bureau of Statistics^ 



-WHOLESALE PRICES 

Index 1935-39 = 100 
U.K. 

Board of Trade m 





Farm 


Ran 




Manu- 






Products 

* 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


225.3 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-June 


230.1 


221.6 


209.4 


186.6 


202.7 


July 


231.3 


222.4 


211.7 


186.7 


203.1 


Aug. 


226.1 


219.2 


206.8 


186.6 


201.6 


Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.2 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.4 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 


May 


229.6 


232.4 


206.8 


189.1 


209.9 


June 


238.8 


237.6 


211.0 


191.1 


214.0 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


212.3 


233.5 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


232.2 


251.5 


236.3 


256.3 


235.0 


257.6 



U.S.A. 

Bureau of Labor Statistics^ 3 * 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


23S.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.1 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


222.1 


214.2 


205.3 


182.0 


191.7 


218.7 


212.5 


203.9 


180.8 


190.4 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


1S3.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39= 100 from base 1926— 100. 

(2) Adjusted to 1935-39= 100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926 = 100. 

* An independent series with different weighting and different prices from those included in the "Total Index". Prices include subsidies. The series 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Index 1935-39 = 100 



IX— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


12S.8 


160.8 


First of Month 
















1949— Mar. 


199.1 


131.0 


182.7 


121.7 


167.9 


128.1 


159.2 


Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


L32.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


1663 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


Mav 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214..", 


137.7 


1S0.7 


134.9 


166.9 


L32.5 


167.5 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450 - $2,500, with incomes between $1.000-$l.o00 most common. 



JULY 1950 



118 







X— GRAINS : ACREAGE AND PRODUCTION : 1942-50 

Dominion Bureau of Statistics 








WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


(1) 
OTHER GRAINS 


(2) 
SUMMER 
FALLOW 


Total 




mm. bus. |mm. acres 


mm. bus. |mm. acres 


mm. bus. [mm. acres 


mm. bus. |mm. acres 


mm. bus. |mm. acres 


mm. bus. mm. acres 


mm. acres 


mm. acres 



TOTAL CANADA 



1942 


556.7 


21.0 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.9 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


416.6 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


318.5 


23.4 


381.6 


14.4 


157.8 


7.4 


5.9 


.5 


7.6 


1.1 


62.5 


2.0 


19.9 


68.5 


1946 


413.7 


24.5 


371.1 


12.1 


148.9 


6.3 


8.8 


.7 


6.4 


.8 


68.6 


1.8 


20.4 


66.6 


1947 


341.8 


24.3 


278.7 


11.0 


141.4 


7.5 


13.2 


1.2 


12.3 


1.6 


46.8 


1.6 


19.4 


66.6 


1948 


386.3 


23.9 


358.8 


11.2 


155.0 


6.5 


25.3 


2.1 


17.7 


1.9 


78.4 


2.0 


20.0 


67.5 


1949 


367.4 


27.5 


317.9 


11.4 


120.4 


6.0 


10.0 


1.2 


2.3 


.3 


72.9 


2.1 


21.0 


69.5 


1950f 




27.0 




11.6 




6.6 




1.2 




.5 




2.2 


21.0 


70.1 



MANITOBA 



1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


.2 


2.0 


.2 


2.3 


.1 


2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 


.1 


2.3 


8.4 


1944 


50.3 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


.2 


1.9 


.1 


1.8 


8.4 


1945 


38.8 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


- 


2.8 


.3 


1.3 


.1 


2.5 


8.8 


1946 


58.0 


2.5 


50.0 


1.4 


43.0 


1.7 


.3 


— 


3.0 


.3 


.8 


— 


2.6 


8.6 


1947 


42.0 


2.5 


39.0 


1.4 


34.0 


1.9 


.6 


- 


5.2 


.6 


.6 


- 


2.2 


8.6 


1948 


50.0 


2.2 


60.0 


1.5 


45.0 


1.5 


2.0 


.1 


9.0 


1.0 


.7 


- 


2.1 


8.4 


1949 


57.0 


3.2 


53.0 


1.7 


40.0 


1.7 


.8 


- 


1.1 


.1 


1.0 


- 


2.2 


8.9 


1950f 




2.4 




1.6 




1.7 




.1 




.3 




- 


2.6 


8.7 



SASKATCHEWAN 



1942 


305.0 


12.4 


255.0 


4.9 


92.0 


2.5 


15.0 


.8 


10.5 


1.1 


2.5 


.1 


11.7 


33.4 


1943 


146.0 


9.6 


200.0 


6.5 


80.0 


3.3 


3.8 


.3 


11.5 


2.1 


1.9 


.1 


12.0 


33.9 


1944 


242.1 


13.2 


198.0 


5.6 


72.0 


2.7 


4.8 


.4 


6.4 


.9 


3.8 


.1 


11.6 


34.6 


1945 


168.1 


13.6 


143.0 


5.7 


54.5 


2.7 


2.6 


.3 


3.8 


.7 


1.4 


.1 


11.7 


34.7 


1946 


208.0 


14.2 


100.0 


4.3 


43.0 


2.3 


4.0 


.4 


2.6 


.5 


.2 


— 


11.8 


33.6 


1947 


173.0 


14.2 


80.0 


4.0 


45.0 


2.8 


6.8 


.7 


4.2 


.7 


.1 


- 


11.5 


33.9 


1948 


191.0 


14.4 


89.0 


3.7 


42.0 


2.3 


10.5 


1.2 


4.7 


.6 


A 


- 


11.7 


33.9 


1949 


183.0 


15.7 


85.0 


3.4 


33.0 


1.8 


4.4 


.7 


.7 


.1 


.1 


- 


12.7 


34.4 


1950f 




16.2 




3.4 




2.0 




.7 




.2 




- 


12.5 


34.9 



ALBERTA 



1942 


171.0 


6.4 


175.0 


3.3 


75.0 


1.9 


4.4 


.2 


2.2 


.2 


2.7 


.1 


5.9 


17.9 


1943 


82.8 


4.8 


129.0 


3.7 


56.0 


2.2 


1.2 


.1 


3.3 


.6 


2.2 


.1 


6.3 


17.8 


1944 


99.3 


6.7 


111.8 


3.2 


51.7 


1.9 


1.7 


.1 


1.2 


.2 


1.6 


.1 


6.0 


18.2 


1945 


87.7 


6.8 


76.0 


3.3 


37.0 


2.0 


1.5 


.1 


.7 


.1 


1.4 


.1 


5.7 


18.2 


1946 


127.0 


7.0 


97.0 


2.8 


48.0 


1.8 


2.9 


.2 


.6 


.1 


.7 


— 


6.0 


17.8 


1947 


105.0 


6.6 


75.0 


2.5 


52.0 


2.4 


4.3 


.3 


2.2 


.3 


.4 


- 


5.8 


17.9 


1948 


115.0 


6.3 


75.0 


2.4 


55.0 


2.2 


9.9 


.6 


3.1 


.3 


1.1 


— 


6.2 


18.0 


1949 


97.0 


7.6 


52.0 


2.3 


36.0 


2.1 


2.4 


.3 


.3 


- 


.7 


- 


6.1 


18.5 


1950f 




7.3 




2.5 




2.5 




.3 




— 




- 


6.0 


18.6 















OTHER 


PROVINCES 
















1942 


27.7 


.9 


152.0 


4.1 


18.2 


.6 


/./ 


.1 


.3 


_ 


80.8 


2.0 


* 


7.7 




1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 


.1 


.3 


- 


43.4 


1.7 


* 


6.7 




1944 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 


.1 


.3 


- 


67.4 


1.8 


* 


7.2 




1945 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 


.1 


.3 


- 


58.5 


1.8 


* 


6.8 




1946 


20.7 


.7 


124.1 


3.6 


14.9 


.5 


1.5 


.1 


.2 


- 


66.9 


1.7 


* 


6.6 




1947 


21.8 


.9 


84.7 


3.2 


10.4 


.4 


1.6 


.1 


.7 


.1 


45.7 


1.6 


* 


6.2 




1948 


30.3 


1.1 


134.8 


3.7 


13.0 


.4 


3.0 


.1 


.9 


.1 


76.5 


1.9 


* 


7.3 




1949 


30.4 


1.1 


127.9 


4.1 


11.4 


.4 


2.5 


.1 


.2 


- 


71.0 


2.0 


* 


7.7 




1950f 




1.1 




4.1 




.4 




.1 




- 




2.1 


* 


7.9 




( 1) Buckwh 


eat, mixed 


grains and shelled co 


rn. (2) P 


rairie Provinces only. 


* Not available. 1 


Preliminary estimate. 











119 



JULY 1950! 



Millions of Dollars 



XI— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS 



■jd)* 





TOTAL EXPORTS (EXCLUDING GOLD) TO 




U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

AND 

South 
America 


All 

Other 

(S) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


12-Mths. ending 

June 1950 (6) 


1,742 


608 


59 


58 


125 


202 


135 


94 


3,023 


Monthly 

1949-Apr. 


113.7 


58.4 


5.7 


6.5 


13.1 


22.3 


10.5 


6.5 


236.6 


May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


5.0 


209.0 


May 


178.5 


53.4 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 


June< 8> 


178.9 


52.9 


3.7 


5.5 


9.1 


17.6 


15.0 


6.8 


289.4 



Millions of Dollars 



MERCHANDISE IMPORTS 



(J)* 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


83 


193 


39 


2,760 


12-Mtlis. ending 




















May 1950 (8 > 


1,936 


320 


105 


4 


80 


82 


197 


48 


2,771 


Monthly 




















1949-Apr. 


177.3 


30.1 


7.7 


.5 


6.1 


7.2 


11.7 


2.1 


242.7 


May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.8 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


1C2.7 


26.4 


10.1 


.4 


8.5 


S.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


1S.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


.2 


7.2 


0.4 


14.9 


4.7 


230.9 


May (8> 


195.5 


36.3 


16.0 


.6 


7.0 


S.8 


L8.8 


6.5 


290.2 














. . 









Commencing April 1, 1949. external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire. India. Pakistan. Burma. Australia. New Zealand. Iceland 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece. Turkey, and British Sudan. 

(5) Includes Egypt. Spain. Palestine, and also Newfoundland until March 31 
1949. 

(6) Preliminary. 



JULY 1950 



120 



MERCHANDISE TRADE* 



MILLIONS OF DOLLARS 



2000 



1800 



1600 



1400 




EXPORTS, IMPORTS AND BALANCE 

RUNNING 12-MONTH TOTALS 



MILLIONS OF DOLLARS 



1947 1948 1949 

* Excluding gold. See footnotes to table on page 119. 



1950 




CANADIAN EXPORT 
BALANCE WITH U.K. 




CANADIAN IMPORTS FROM UK. 



CANADIAN EXPORTS 
TO OTHER STERLING COUNTRIES ' 




BALANCE 
STERLING COUNTRIES 



1947' 



1948 



1949 




000 



800 



600 



400 



200 



500 



300 



1950 



121 



Millions of Dollars 



JULY 1950 1 

XII— MERCHANDISE EXPORW 

Compiled from "Trade of Catfd 



Calendar 
Years 



Fruits 

and 

Vegetables 



Wheat 

and 
Wheat 
FlourU) 



Oats 



Other 

Grains 

and 

Products 



Live 

Cattle 



Bacon 

and 
Hams 



Other 
Meats 



Cheese 



Other 

Milk 
Products 



Eggs 



Seeds 



1929 
1932 
1937 

1946 
1947 
1948 
1949 

12-Mths. endinj 

June 1950 

Monthly 

1949-May 
June 
July 
Aug. 

Sept. 
Oct. 
Nov. 
Dec. 

1950-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 



18 
11 
16 

29 
32 
21 

20 

24 

.6 

.7 

1.0 

2.5 

2.1 
2.2 
3.5 

2.2 

1.7 
2.2 
2.9 

1.4 

1.4 

.9 



302 

146 
182 

417 
446 
382 
533 

479 

59.0 
59.6 
49.2 
43.1 

40.1 

48.4 
54.6 
29.6 

32.7 
23.4 
31.3 
25.4 
55.1 
45.9 



5 
5 
2 

23 
12 
23 

19 

19 

.7 
.6 
.6 

.7 

1.0 
3.0 
3.6 
3.6 

1.8 

1.4 

1.4 

.6 

.6 

.8 



26 

17 
25 

41 
55 

74 
59 

58 

5.7 
3.9 
3.3 

2.5 

4.4 

5.8 

16.9 

5.8 



7.9 
5.1 



14 

2 

16 

18 
15 

74 
61 



3.5 
7.3 

4.7 
3.5 

4.6 
9.5 
9.5 
6.3 

5.5 
5.7 
5.7 
5.0 
6.8 
8.6 



7 

4 

33 

66 
62 

70 

24 

35 

1.5 
.8 
.6 
.5 

.2 
2.0 
5.3 

5.9 

14.0 
1.5 



2.4 

.8 



9 
3 
9 

63 

41 
65 

44 

46 

2.4 
2.7 
2.2 
3.5 

4.1 
5.7 
6.6 
5.5 

3.4 
2.5 
2.4 
2.4 
4.0 
3.6 



19 

9 

13 

22 
14 
12 
16 

16 

.8 
2.5 
5.4 
5.0 

1.5 
.2 

.2 
.2 

.1 
.1 
.1 
.1 
.1 
2.5 



10 
3 
5 

13 
16 
18 

14 

13 

1.4 

1.1 

.7 

1.2 

1.0 
1.1 
1.7 
2.2 

.9 

.9 

1.0 

.6 

1.1 



27 
37 
39 
21 

17 

.9 
1.4 

.9 
1.3 



2.9 
5.6 

1.4 
.3 

1.8 
1.4 
.4 
.2 
,2 
.1 



4 
1 
5 

13 
17 

50 

44 

32 

2.1 
1.9 

.8 
.4 

.7 

1.5 

5.7 

10.0 

3.6 
3.3 
2.3 
1.3 
1.6 
.6 



Calendar 
Years 


Artificial 

Silk 


Other 

Fibres 

& Textiles 

(excl. raw 

wool) 


Farm 
Imple- 
ments & 
Machinery 


Machinery 

(excl. 
agriculture) 


Autos, 
Trucks 
& Parts 


Other 
Vehicles 
& Parts 


Other 

Iron and 

Steel 


Electrical 
Apparatus 


Aluminum 

and 
Products 


Copper 

and 
Products 


Lead 

and 

Products 


Pr I 


1929 




8 


20 


7 


47 


_ 


16 


3 


15 


37 


11 




1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 






1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 






1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 






1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 






1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 






1949 


2 


19 


93 


32 


39 


23 


106 


12 


94 


87 


42 






12-Mths. ending 

June 1950 


3 


14 


83 


26 


40 


16 


98 


10 


106 


S7 


32 






Monthly 

1949-May 


.2 


3.1 


12.0 


2.9 


2.6 


2.6 


7.4 


.9 


11.1 


8.7 


3.S 






June 


.2 


2.3 


9.9 


3.5 


3.1 


1.9 


7.1 


1.0 


8.3 


6.3 


3.1 


■ 




July 


.2 


1.6 


8.1 


2.6 


5.4 


1.3 


10.9 


.7 


S.4 


7.8 


2.0 


• 




Aug. 


.2 


1.1 


4.3 


1.7 


3.3 


2.1 


6.7 


.9 


12.6 


8.5 


1.5 






Sept. 


.1 


1.2 


4.8 


2.3 


3.1 


1.5 


9.8 


.8 


9.2 


7.2 


5.0 


1 




Oct. 


.2 


1.0 


3.8 


3.4 


3.8 


2.2 


5.8 


1.2 


6.4 


7.1 


2.6 






Nov. 


.2 


.8 


4.9 


2.1 


2.4 


1.6 


14.1 


1.0 


2.7 


7.1 


3.0 






Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


11.6 


1.2 


11.6 


6.5 


5.1 






1950-Jan. 


.3 


1.1 


6.6 


1.3 


3.2 


.8 


4.5 


.6 


4.3 


7.1 


1.3 






Feb. 


.2 


.S 


6.9 


1.3 


3.1 


1.8 


4.3 


.8 


6.4 


6.5 


1.9 






Mar. 


.4 


1.2 


10.5 


2.1 


2.1 


.4 


4.7 


.7 


8.3 


5.9 


1.5 


' 


Apr. 


.2 


.9 


9.0 


1.8 


2.6 


.9 


5.1 


.6 


S.7 


5.4 


1.2 




May 


.3 


1.6 


10.4 


2.3 


3.6 


.1 


11.4 


1.0 


17.4 


8.9 


2.8 




June 


.4 


2.2 


8.8 


2.6 


4.7 


2 


9.3 


1.0 


9.7 


9.1 


;;.7 


: 




(l) In the case of 
1680, 1700. 1710, 


wheat for 19 
2005, 2015, 


37, 46, 47, 48 
2020, 2025, 


& 49 export 
2060, 20o5. 1 


clearance fij 
066, 2070, 2 


;ures are ba 
)75, 2080, 2C 


sed on Boar 
85, 2090, 20 


J of Grain C 
95. 2100-21 


ommissionei 
0, 2490. 25C 


s rather tli.i 
10-2525. 275( 


n Customs t 
), 2 795, 2805 


lata. (2^ Madl 
. 2810. 2812, 28j| 


1 



JULY 1950 

[MODITY CLASSIFICATION 

nion Bureau of Statistics 



122 



Millions of Dollars 



1 

and 

b) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 


I 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


1 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


I 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


[ 


45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 


> 


44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 


) 


40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 


) 


59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 


L 


65 
4.8 


23 
2.2 


17 
1.4 


201 
12.5 


30 
1.2 


175 
14.8 


469 
38.6 


16 
2.0 


45 
3.2 


36 
2.7 


18 
2.1 


12-Mths. ending 

June 1950 

Monthly 

May-1949 


I 


4.6 


1.5 


1.7 


12.2 


3.0 


13.7 


35.6 


1.8 


2.7 


3.0 


2.1 


June 


1 


4.2 


1.0 


1.9 


12.5 


3.1 


12.4 


36.0 


1.6 


2.7 


2.6 


2.5 


July 


I 


4.6 


1.0 


3.0 


13.2 


2.0 


13.1 


40.8 


1.3 


2.9 


2.2 


2.2 


Aug. 


) 


6.7 


1.6 


2.0 


15.0 


2.7 


11.5 


32.7 


1.4 


3.0 


2.9 


2.1 


Sept. 


) 


7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Oct. 


i 


6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 


) 


6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 


L 


4.4 


3.3 


1.2 


10.5 


3.0 


13.3 


38.3 


1.3 


2.5 


2.5 


.8 


Jan.- 1950 


r 


4.9 


2.0 


1.3 


13.9 


2.6 


14.0 


34.9 


1.3 


2.5 


2.6 


.8 


Feb. 


5 


4.7 


2.0 


.9 


18.9 


2.7 


16.5 


37.5 


1.3 


4.5 


2.7 


1.0 


Mar. 


1 


4.2 


1.7 


.7 


16.8 


1.1 


13.3 


39.0 


1.2 


3.8 


2.9 


.9 


Apr. 


1 


4.7 


2.3 


.8 


20.5 


1.0 


16.7 


44.2 


1.2 


4.7 


3.0 


1.1 


May 


5 


5.8 


2.0 


.9 


27.7 


2.9 


18.1 


41.4 


1.2 


5.2 


4.1 


1.0 


June 



us 
Is 
>ld) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 
Metals 


Asbestos 


Other 
Non- 
metallic 
Minerals 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Yean 




9 


5 


13 


17 


7 


14 


1 


_ 


33 


37 


1,190 


1929 




4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 




15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 




28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 




30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 




42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 




56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 




49 
5.7 


12 

1.8 


57 
1.3 


36 
3.3 


38 
3.9 


43 
3.0 


33 

6.1 


21 
1.6 


63 
12.0 


159 
12.4 


3,148 
288.1 


12-Mths. ending 

June 1950 

Monthly 

May-1949 




3.8 


3.3 


1.5 


2.8 


2.0 


2.3 


9.0 


2.5 


7.4 


9.8 


272.0 


June 




4.2 


1.0 


3.6 


2.5 


1.8 


2.1 


2.9 


2.9 


5.5 


9.4 


251.7 


July 




4.4 


.9 


5.0 


2.5 


2.7 


2.0 


8.0 


5.2 


5.0 


13.8 


258.7 


Aug. 




4.3 


1.0 


4.2 


2.3 


3.3 


2.3 


.7 


2.4 


5.3 


11.2 


242.6 


Sept. 




4.3 


.8 


5.2 


3.1 


2.8 


2.8 


- 


5.3 


5.6 


13.2 


285.4 


Oct. 




5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 




3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.6 


.4 


7.1 


12.5 


283.5 


Dec. 




2.3 


1.4 


4.1 


2.7 


3.9 


4.1 


— 


.4 


4.1 


15.8 


237.3 


Jan.- 1950 




3.7 


1.5 


4.4 


2.6 


2.8 


4.0 


.5 


.3 


4.7 


11.7 


211.2 


Feb. 




3.7 


.9 


5.3 


3.4 


4.6 


5.0 


- 


.6 


4.5 


13.5 


244.3 


Mar. 




3.1 


.5 


4.3 


3.2 


3.2 


3.7 


6.0 


.3 


3.9 


11.4 


216.1 


Apr. 




4.1 


1.4 


5.8 


3.4 


3.7 


6.1 


3.9 


.5 


5.6 


15.8 


310.0 


May 




6.0 


.9 


5.4 


3.4 


3.3 


5.7 


5.8 


.5 


4.5 


15.0 


301.8 


June 



s items listed in "Trade of Canada" under code numbers 180, 600, 610,690, 710. 790, 1170, 1500-1590, 1610, 1620, 1630, 1640, 1645, 1650, 1660. 1670, 
2850, 2855, 2860, 3160-3187. 



STATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 123-124 

Chartered Banks: Notice Deposits in Canada 123 

Total Active Note Circulation 124 

II Chartered Banks: 

Liabilities and Assets 125-126 

III General Public Holdings of Certain Liquid Assets 125 - 126 

IV Security Prices: 

Government Securities Payable in Canada only 127 

Yields of Government of Canada Bonds, Payable in Canada only . 127 

Government Securities, Canada, U.K. and U.S. A 128 

Yields of Government Bonds, Canada, U.K. and U.S.A. . . . 128 

V Business Activity: 

Business Activity 129 

VI Average Hourly and Weekly Earnings and Hours Worked in Manufacturing 130 

Average Hourly and Weekly Earnings in Manufacturing . . 130 

VII Wholesale Prices 131 

U.S.A. Weekly Wholesale Price Indexes 131 

VIII Cost of Living 132 

Cost of Living 132 

IX Livestock Marketings 133 

X Dairying Statistics 134 

Production of Milk and Dairy Products 134 

XI Grains : Acreage and Production 135 

XII Canadian Wheat : Statistical Position 136 

XIII Foreign Investment in Canada 136 

XIV Exports and Imports by Countries 137 

Exports and Imports by Countries 138 

XV Merchandise Imports: Commodity Classification 139-140 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the 6gures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada Ottawa. 



AUGUST 1950 



123 



Millions of Dollars 



AUGUST 19S|1 
I-B|NJ 











LIABILITIES 






n 




Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits'" 


Active 
B. of C. 

Note 
Circulation 


All 
Other 

Accounts 


Tal 
LiatitK 

Asits 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


2 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


31. 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


48. 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,43.8 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,8). 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,8 J. 


1947 


152.9 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,9). 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,9). 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,1). 


1949— Feb. 


167.4 


531.0 


698.4 


178.4 


79.6 


.4 


1,054.5 


25.3 


2,0a.: 


Mar. 


165.8 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,0 L 


Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1.103.0 


26.9 


2,1). 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2.0S. 


June 


154.9 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,1 i. 


July 


172.8 


566.9 


739.7 


94.3 


73.8 


57.9 


1,098.2 


32.7 


2,0J.t 


1950— Feb. 


179.5 


554.8 


734.4 


24.3 


176.4 


82.2 


1,071.1 


21.9 


2,1).; 


Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,1). 


Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,1 . 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,1 . 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,2U 


July 


200.3 


552.7 


753.0 


19.6 


228.9 


94.6 


1,093.9 


34.4 


2.21.5 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. Ik-May 10* 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the tal 



CHARTERED BANKS: NOTICE DEPOSITS IN CANADA 



MILLIONS OF DOLLARS, 

4600 



4400 



MILLIONS OF DOLLARS 

4600 



4400 



4200 



4000 



3800 




4200 



4000 



3800 






DEC. 



FEB 



MAR 



JUNE 



JULY 



AUG 



SEPT 



OCT 



NOV. 



DEC 



AUGUST 1950 



124 



CANADA 



Millions of Dollars 



ASSETS 














Securities 
















Foreign"* 
Exchange 














All 




3 ld 


Silver 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 


Other 

Accounts 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


1.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


2.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


0.8 


- 


41.7 


142.8 


46.2 


- 


— 


189.1 


.2 


6.7 


1939 


k 




• 


• 


• 






• 










- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


.5 


1,180.5 


800.7 


25.0 


- 


2,006.2 


- 


29.8 


Feb. — 1949 


- 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. 


- 


- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 


- 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 


- 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 


- 


- 


52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


- 


15.0 


July 


- 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


— 


25.7 


Feb. — 1950 


- 


- 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. 


- 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr. 


- 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May 


- 


- 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


- 


28.2 


June 


- 


— 


89.2 


1,431.0 


638.7 


25.0 


5.5 


2,100.2 


— 


35.1 


July 



ent figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
ge Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



TOTAL ACTIVE NOTE CIRCULATION* 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 

1125 



1100 




1025 



1075 



1050 



1025 



DEC JAW FEB. MAR. 

* see note (5) table II on page 12S. 



MAY 



JUNE 



JULY 



SEPT 



125 



AUGUST 1950 



1 



II— CHAM 



Millions of Dollars 






















BaM 




LIABILITIES 






Notes 


Deposits 


Cash 

in (3) 




Securities 










Govt, of 


Canadian 




Total 


Govt, of 


Canada 


Foreign 
Govt. 








Demand 


Notice 


Canada 


Deposits 


Foreign 


Deposits 

(2) 




and Provincial 


O T 










and Prov. 






Under2yrs. 


Over 2 yrs. 




Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 | 


1937 


110 


691 


1 ,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


- 1 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


41 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


= ; 


1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 




1949-Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 




Mar. 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 




Apr. 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 




May 


15 


2,284 


4,339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 




June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 




July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 




1950-Feb. 


- 


2,391 


4,537 


349 


7,350 


728 


8,191 


734 


1,049 


2,540 


252 




Mar. 


- 


2,399 


4,572 


429 


7,490 


719 


8,307 


718 


995 


2,661 


229 




Apr. 


- 


2,330 


4,560 


411 


7,382 


737 


8,226 


717 


956 


2,640 


235 




May 


- 


2,453 


4,557 


407 


7,504 


758 


8,372 


745 


940 


2,655 


243 




June 


- 


2,538 


4,538 


371 


7,552 


745 


8,409 


699 


734 


2,729 


238 


5| 


July 


— 


2,493 


4,529 


265 


7,396 


742 


8,233 


753 


734 


2,702 


225 





(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Cana| 
month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartere 
uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 



Millions of Dollars 



III— GENERAL PUBLIC HOLDIll 

Ba\ 



Currency and Active Bank Deposits 



Currency 
Outside Banks 



Notes<'> 



Coin< s > 



Total 



Active Bank Deposits 



Chartered Banks 



(3) 

Demand 



Active (4) 
Notice 



Other'"> 

excl. 

Govt. 

of Canada 



Total 



Deduct^ 
Float 



Net 
Total 



Bank of 
Canada 
"Other" 
Deposits 



Total 



To| 
Cui 

ail 
Acll 

Bal 
Depil 



As at Dec. 31 

1938 
1940 
1946 

1947 
1948 
1949 

Month-end 

1949-Feb. 
Mar. 
Apr. 
May 
June 
July 

1950-Feb. 
Mar. 
Apr. 
May 
June 
July 



207 
341 
1,031 
1,046 
1,115 
1,110 

1,070 
1,095 
1,118 
1,085 
1,130 
1,113 

1,071 
1,108 
1,104 
1,065 
1,121 
1,094 



31 
38 
65 
66 
70 
74 

69 
69 
70 
70 

71 
71 

72 
73 
74 
73 
75 
75 



238 
379 
1,096 
1,112 
1,185 
1,184 

1,139 
1,164 
1,188 
1,155 
1,201 
1,184 

1,143 
1,181 
1,178 
1,138 
1,196 
1,169 



734 
1,031 
2,291 
2,296 
2,544 
2,426 

2,289 
2,281 
2,288 
2,284 
2,319 
2,188 

2,391 
2,399 
2,330 
2,453 
2,538 
2,493 



187 
203 
614 
597 
649 
682 

640 
659 
672 
671 
670 
671 

699 
704 
704 
702 
699 
695 



85 
112 
229 
233 
276 
338 

260 
287 
300 
315 
317 
291 

330 
372 
351 
34S 
351 
325 



1,006 
1,346 
3,134 
3,126 
3,469 
3,446 

3,189 
3,227 
3,260 
3,270 
3,306 
3,150 

3,420 
3,475 
3,385 
3,503 
3.58S 
3,513 



116 

172 
328 
362 
400 
335 

317 
335 
277 
335 
394 
235 

326 
361 
280 
365 
475 
355 



890 
1,174 
2,806 
2,764 
3,069 
3,111 

2,872 
2,892 
2,983 
2,935 
2,912 
2,915 

3,094 
3,114 
3,105 
3,138 
3,113 
3,158 



3 
10 
94 
68 
81 
127 

80 
85 
81 
65 

74 
74 

176 
151 
200 
203 
216 
229 



893 
1,184 
2,900 
2,832 
3,150 
3,238 

2,952 
2,977 
3,064 
3,000 

2.9m'. 
2,989 

3.270 
3,265 
3,305 
3,341 
3,329 
3,387 



1,1 

u 

3,1 
3,J 

4,: 

4,4 

4,( 

4,H 

4,J 

4,1 

4,11 

4,1| 

4,4 
4,4 
4,4 
4,4 
4,J 
4,J 



(i) 

(2) 

(3) 
(4) 



(5) 



Note Circulation of Bank of Canada and chartered banks, excluding (6) 

notes held by chartered banks. 

Subsidiary coin issued by the Mint less coin held by Bank of Canada (7) 

and chartered banks in Canada. 

Chartered banks' public demand deposits in Canada. 

Chartered banks' public notice deposits in Canada other than (8) 

estimated aggregate quarterly minimum balances in personal savings 

accounts and non-personal notice deposits. 

Chartered banks' Canadian dollar deposits of provincial governments. (9) 

and of Canadian, United Kingdom, and foreign banks. 



Cheques on other banks as shown in chartered bank month-end 

returns to the Minister of Finance. 

Other Deposits with the Bank of Canada as shown in published 

month-end statements — i.e. excluding Government of Can.id.i. 

chartered bank and foreign deposits. 

Estimated aggregate minimum quarterly balances in chartered hanks' 

personal savings deposits in Canada plus non-personal notice deposits 

in Canada. 

Direct and guaranteed securities (including refundable taxes). For 

direct debt includes both matured and unmatured issues outstanding. 



AUGUST 1950 



126 



) BANKS 

ida 



Millions of Dollars 



ASSETS 




Loans 


Total 

Assets 




CANADA 


ABROAD 


tal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


199 


267 


1,343 


112 


301 


248 


3,528 


596 


117 


1,032 


165 


84 


172 


2,869 


126 


107 


732 


117 


68 


165 


3,317 


108 


104 


1,693 


54 


76 


198 


7,811 


[20 


81 


1,923 


75 


74 


234 


8,140 


570 


97 


2,112 


105 


83 


220 


8,658 


122 


108 


2,033 


86 


79 


247 


8,466 


!85 


81 


2,026 


103 


79 


239 


8,426 


!67 


90 


2,093 


106 


85 


213 


8,452 


142 


74 


2,085 


117 


78 


215 


8,604 


196 


72 


2,085 


110 


94 


215 


8,668 


[60 


77 


2,082 


105 


90 


212 


8,570 


191 


84 


2,182 


117 


75 


215 


8,717 


[53 


83 


2,218 


126 


76 


209 


8,839 


198 


103 


2,226 


123 


98 


212 


8,770 


[08 


105 


2,234 


118 


87 


214 


8,912 


!76 


145 


2,293 


115 


90 


222 


8,950 


40 


94 


2,287 


98 


95 


223 


8,796 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note (5) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


719 


6,939 


10.4 


1,055 


Feb.-1949 


707 


6,859 


10.3 


1,075 


Mar. 


706 


7,064 


10.0 


1,094 


Apr. 


765 


7,090 


10.8 


1,083 


May 


769 


7,138 


10.8 


1,084 


June 


755 


7,255 


10.4 


1,088 


July 


722 


7,190 


10.0 


1,060 


Feb.- 1950 


723 


7,304 


9.9 


1,070 


Mar. 


748 


7,417 


10.1 


1,078 


Apr. 


742 


7,394 


10.0 


1,070 


May 


724 


7,419 


9.8 


1,071 


June 


755 


7,433 


10.1 


1,084 


July 



Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

rculation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



CERTAIN LIQUID ASSETS 



la 




















Millions of Dollars 




Govt, of 


Total 








Related 


Factors 










five 


Govt, of Canada Direct and Guaranteed Funded Debt' 9 ' 


Bank" 3 > 
Loans 


Total< M) 




eretl 


Held by Bk. of Can. & Ch. Bks. 


Held by Other Investors 




nk 


Securities 




Deduct^ 






Deduct 




& Non- 
Go vt. 
Invest- 


Related 




•sits 


<»)(10)(12) 




Total 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Factors 












Deps. 






Govt. Accts. 


(10) 






























As at Dec. 31 


[72 


3,228 


5,831 


949 


79 


870 


3,387 


159 


3,228 


1,628 


5,940 


1938 


[38 


3,670 


6,671 


1,480 


32 


1,448 


3,759 


89 


3,670 


1,720 


6,876 


1940 


(56 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


1946 


43 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


1947 


108 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


1948 


r 51 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


1949 

Month-end 


i20 


10,239 


17,850 


5,043 


487 


4,556 


11,396 


1,157 


10,239 


3,286 


18,081 


Feb.-1949 


i05 


10,058 


17,804 


4,990 


229 


4,761 


11,280 


1,222 


10,058 


3,206 


18,025 


Mar. 


>67 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


17,985 


Apr. 


167 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


17,863 


May 


160 


9,880 


17,727 


5,210 


433 


4,777 


10,954 


1,074 


9,880 


3,265 


17,922 


June 


169 


9,863 


17,705 


5,241 


494 


4,747 


10,895 


1,032 


9,863 


3,270 


17,880 


July 


(38 


9,835 


18,086 


5,142 


116 


5,026 


10,623 


788 


9,835 


3,381 


18,242 


Feb.-1950 


(69 


9,803 


18,118 


5,255 


217 


5,038 


10,593 


790 


9,803 


3,437 


18,278 


Mar. 


(57 


9,767 


18,107 


5,224 


182 


5,042 


10,546 


779 


9,767 


3,455 


18,264 


Apr. 


(55 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


18,200 


May 


(39 


9,869 


18,233 


5,116 


160 


4,956 


10,665 


796 


9,869 


3,559 


18,384 


June 


(34 


9,812 


18,202 


5,087 


68 


5,019 


10,624 


812 


9,812 


3,502 


18,333 


July 



exclusive of sinking fund holdings; guaranteed debt is included on the 
basis of the total unmatured issues outstanding; Newfoundland debt 
assumed by the Government of Canada has been included since 
June 1949. Foreign-pay securities have been valued at official 
mid-rates of exchange. 
(10) Chartered banks' temporary advances to the general public in con- 
nection with the purchase of Victory Loan Bonds at time of issue, 
amounting to 166, 261, 271, and 411 in the years 1942 to 1945 inclu- 
sive, have been included in bank holdings of Government securities 
and deducted from holdings of the general public. 



(11) 



Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 

All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered 
banks' holdings of provincial, municipal and "other" securities, and 
Bank of Canada holdingsof Industrial Development BankCapitalstock. 
(14) Includes Bank of Canada gold and exchange holdings in the years 
1938-1943 amounting to 214, 290, 38, 201, nil and 1 respectively. 



(12) 

(13) 



127 



AUGUST 1950 I 



IV— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Mon 


th Treasury Bills 






Average of B 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada*" 


U. 


K.«> 


U.S.A."' 


Canada 


U.K 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1945 


_ 


_ 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 

1949— May 


100.88 


2.91 


103.50 


2.60 


102.09 


2.33 


.500 


.523 


1.148 


June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


Mav 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


LI 65 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


July 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


1.168 


Aug. 


102.41 


2.75 


97.10 


3.21 


102.69 


2.26 


.546 


.513 


1.173 



(1) Government of Canada 3% due Sept. 1. 1961-66. (2) United Kingdom 3% due Apr. 15. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1. 1952. 



(3) U.S. Treasury 2H% due Dec. 15. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: 

Daily Opening Quotations 



CANADA. U.K. & U.S.A. 



20% 




* Security is not eligible for commercial banks before Dec. 1, 1952. 



AUGUST 1950 



128 



IV— SECURITY PRICES 

Bank of Canada 







Government of Canada Bonds Payable in Canada Only 








Based on Middle of the Market quotations 




' 


Average of B 


usiness Days 


15th of Each Month 








Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Pe. 


•petuals 


15 Year 


9 Year 


5 Year 


2 Year 








Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Aug. 


101.07 


2.92 


2.78 


2.62 


2.26 


1.69 


Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 


Aug. 


102.14 


2.83 


2.75 


2.64 


2.15 


1.74 



u% 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 




1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1940 1947 I94B 1949 i960 



(1) Prior to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month, 1938-39 figures are for average of 

month. (3) Aug. IS. 



129 


















AUGUST 1950! 








V- 


BUSINESS ACTIVITY 

Dominion Bureau of Statistics 












PRODUCTION 


Res- 
idential 
Con- 


Car 


Value 
of 


Employ- 
ment 
Index 


Aggregate 

Payrolls 

Index 






















News- 


Central 


struction 


Loadings 


Department 


(3) 


U) 




Gold 


Nickel 


Steel 


Print 


Electric 

Stations"' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




of Dollars 


1941 = 100 


1941 = 100 


Annual Totals' 41 






















1932 


3,044 


15 


380 


2,186 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,113 


129 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















July 1950 

Monthly 

1949— Feb. 


4,351* 


122* 


3,225 


5,180 


43,873 


521 


3,936 


857 


128.3 


219.1 


307.6 


11.0 


259.3 


406.9 


3,112 


19.2 


289 


50.1 


124.8 


207.6 


Mar. 


342.7 


12.7 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


326.9 


11.1 


270.0 


442 .4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


332.4 


11.3 


293.2 


442.7 


3.588 


48.2 


313 


72.1 


123.8 


207.3 


June 


343.3 


10.7 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


326.3 


9.7 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.6 


217.6 


1950— Feb. 


349.9 


9.6 


258.1 


399.2 


3,425 


20.3 


282 


50.2 


122.6 


209.2 


Mar. 


383.3 


9.3 


294.3 


451.6 


3,792 


30.2 


330 


67.4 


122.2 


212.1 


Apr. 


369.7 


11.2 


279.3 


422.8 


3,648 


43.0 


292 


67.4 


123.1 


214.2 


May 


373.6 


11.0 


290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 


June 


368.9 


10.6 


276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.6 


222.6 


July 






264.2 


439.3 


3,707 


74.2 


332 


55.3 


132.2 


231.7 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending June 1950. 



INDCX 1935 39 = 100 




BUSINESS ACTIVITY: 1948-1950 

INDCX JUN[ I.194I • I00 THOUSANDS 



400 



1 35 
130 
125 
120 


ZY 


/IPLOYN/O 


JT"' 




//^ 


1^^ 


V 

TV 1949 


# 

*/>l948 




1950 


^J 




= 1 1 1 


1 1 1 


1 1 1 



300 



200 



DJFMAMJJASONO "DJFMAMJJASONO "DJFMAMJJASOND 




INOCX I935-39-I00 



800 



700 



600 



500 



RETAIL SALES 


1(950 




I949f/ 


W -fi- 

\Jf 


>£*% 


,y4 


^1948 




'■ 1 1 1 


1 1 1 


1 1 1 






NOCX 1935-39-100 






COST OF LIVING' 31 


170 




Zl 


160 
150 


1950^^^^ 

^ ^ , 1909 




^1948 




^^ 






140, 

A 








S 1 i 1 


! ! 1 


1 1 ! 



'DJFMAMJJASONO "DJFMAMJJASONO "DJFMAMJJASONi. 

(I) 8 leading industries; first of month figures. (2) Unemployment offices' unplaced applicants at end of month. (3) First of month figures. 



AUGUST 1950 



130 



VI— AVERAGE HOURLY & WEEKLY EARNINGS & HOURS WORKED IN MANUFACTURING* 

HOURLY-RATED WAGE-EARNERS 

Dominion Bureau of Statistics 





AVERAGE 


HOURLY EARNINGS ' 
Cents 


AVERAGE HOURS WORKED 


AVERAGE 


WEEKLY EARNINGS ' 
Dollars 




All Manu- 
factures 


Durable 
Goods 


Non-Durable 
Goods 


All Manu- 
factures 


Durable 
Goods 


Non-Durable 
Good3 


All Manu- 
factures 


Durable 
Goods 


Non- Durable 
Goods 


Average of months 

1945 


69.4 


76.8 


60.8 


44.3 


44.7 


43.8 


30.71 


34.30 


26.59 


1946 


70.0 


76.4 


63.8 


42.7 


42.7 


42.6 


29.87 


32.68 


27.18 


1947 


80.3 


87.2 


73.4 


42.5 


42.7 


42.3 


34.16 


37.25 


31.09 


1948 


91.3 


98.4 


84.0 


42.2 


42.3 


42.0 


38.50 


41.67 


35.29 


1949 

1st of Monthf 

1949— Feb. 


98.6 
97.2 


106.5 
105.0 


90.6 
89.3 


42.3 
42.9 


42.5 
43.2 


42.0 
42.7 


41.67 
41.70 


45.27 
45.36 


38.09 
38.13 


Mar. 


97.6 


105.3 


89.6 


43.0 


43.2 


42.7 


41.97 


45.49 


38.26 


Apr. 


98.2 


105.7 


90.3 


42.9 


43.2 


42.6 


42.13 


45.66 


38.47 


May 


98.6 


106.2 


90.7 


42.5 


42.7 


42.3 


41.91 


45.35 


38.37 


June 


99.1 


106.5 


91.5 


40.8 


41.1 


40.5 


40.43 


43.77 


37.06 


July 


99.1 


106.7 


91.3 


41.8 


42.4 


41.2 


41.42 


45.24 


37.62 


Aug. 


98.8 


106.5 


91.1 


41.9 


42.1 


41.7 


41.40 


44.84 


37.99 


Sept. 


98.4 


106.6 


90.4 


42.4 


42.5 


42.2 


41.72 


45.31 


38.15 


Oct. 


99.3 


107.8 


91.0 


42.7 


43.0 


42.5 


42.40 


46.35 


38.68 


Nov. 


99.5 


108.0 


91.4 


42.8 


42.8 


42.9 


42.59 


46.22 


39.21 


Dec. 


100.0 


108.7 


91.5 


42.9 


43.0 


42.9 


42.90 


46.74 


39.25 


1950— Jan. 


101.1 


109.3 


92.9 


39.9 


40.3 


39.6 


40.34 


44.05 


36.79 


Feb. 


100.9 


109.5 


92.6 


42.3 


42.2 


42.4 


42.68 


46.21 


39.26 


Mar. 


101.4 


109.8 


93.1 


42.5 


42.6 


42.5 


43.10 


46.77 


39.57 


Apr. 


101.7 


110.0 


93.6 


42.8 


43.0 


42.6 


43.53 


47.30 


39.87 


May 


102.5 


110.6 


94.3 


42.6 


42.9 


42.4 


43.67 


47.45 


39.98 


June 


103.5 


111.5 


95.5 


41.9 


42.2 


41.6 


43.37 


47.05 


39.73 



* Covers establishments usually employing not less than 15 persons and includes overtime and part-time workers, 
t As reported for last week of the previous month. 
(1) Gross earnings before deductions for taxes, unemployment insurance, etc. 



INDEXES OF AVERAGE HOURLY AND WEEKLY EARNINGS IN MANUFACTURING 

INDEX DEC 1945-100 INDEX DEC 1945-100 



150 



140 



130 



120 



MONTHLY" 



HOURLY EARNINGS- 



v> 



HOURLY EARNINGS ADJUSTED 1 " 
BY COST OF LIVING INDEX 




MONTHLY" 



WEEKLY EARNINGS- 



// 



/' 



!-'K 



'V 



K 



WEEKLY EARNINGS ADJUSTED' 2 '- 

^-BY COST OF LIVING INDEX 



150 



140 



30 



20 



110 



00 



DMJSDMJ SDMJSDMJ SDMJ SD 
1946 1947 1948 1949 1950 



D M J S D 
1946 



MJ SDMJ SDMJ SD 
1947 1946 1949 



(1) 1st of month figures for the last week of the previous month. So far as weekly wages are concerned. Jan. 1st figures are affected by 
time during the holiday season and the average of Dec. 1st and Feb. 1st has been esud. (2) Earnings index divided by cost 



M J S D 
1950 

loss of working 
of living index. 



131 



AUGUST 1950 



VII— WHOLESALE PRICES 

Index 1935-39 = 100 
CANADA U.K. 

Dominion Bureau of Statistics™ Board of Trade™ 





Farm 


Rave 




Manu- 






Products 

* 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


225.3 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-July 


231.3 


222.4 


211.7 


186.7 


203.1 


Aug. 


226.1 


219.2 


206.8 


186.6 


201.6 


Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.2 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.4 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 


May 


229.6 


232.4 


206.8 


189.1 


209.9 


June 


238.8 


237.6 


211.0 


191.1 


214.0 


July 


242.2 


242.5 


216.8 


192.2 


216.5 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


212.2 


231.0 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


232.2 


251.5 


236.3 


256.3 


235.1 


257.7 


234.4 


260.6 



U.S.A. 

Bureau of Labor Statistics™ 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.4 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


218.7 


212.5 


203.9 


180.8 


190.4 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 


231.6 


228.9 


216.7 


190.8 


202.1 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39= 100 from base 1926-100. 

(2) Adjusted to 1935-39- 100 from base 1913 = 100 in 1929 and from base 1930-100 thereafter. 

(3) Adjusted to 1935-39-100 from base 1926= 100. 

* An independent aeries with different weighting and different prices from those included in the "Total Index' 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



U.S.A. WEEKLY WHOLESALE PRICE INDEXES" 



INDEX 1926-100 



INDEX 1926-100 



200 



180 



160 



140 




ALL COMMODITIES OTHER THAN 
TARM PRODUCTS AND FOODS 



X 



200 



180 



160 



140 



J F M A M 



S O N D 



JJASONDJFMAMJJASONDJFMAMJJ 
1948 1949 1950 

* Bureau of Labour statistics; based on a sample of 115 commodities selected from the 900 commodities included in the monthly index. Last 
figure plotted for Aug. 15. 



1 



AUGUST 1950 



132 



Index 1935-39=100 



VIII— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


128.8 


160.8 


First of Month 
















1949— Apr. 


198.5 


131.0 


183.2 


122.4 


168.0 


128.4 


159.3 


May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


May 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214.3 


137.7 


180.7 


134.9 


166.9 


132.5 


167.5 


Aug. 


216.7 


138.4 


180.9 


134.9 


168.9 


132.5 


168.5 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450-$2.500, with incomes between $1,000-$1,600 most common. 



COST OF LIVING INDEXES 



INDEX 1935-39 = 100 



INDEX 1935-39=100 

220 




133 



AUGUST 1950 



IX— LIVESTOCK MARKETINGS (,) 

Department of Agriculture 



Calendar Years 



1938 



1939 



1940 1941 



1942 



1943 



1944 



1945 1946 



1947 



1948 1949 



Thousands 



CATTLE 



Mari times 


9 

46 

452 

166 

137 

265 
* 


12 
64 
494 
176 
173 
249 
16 


12 
71 
456 
165 
213 
258 
36 


14 
104 
534 
137 
227 
292 

37 


11 
69 
458 
177 
252 
281 
41 


10 
58 
409 
156 
269 
296 
46 


13 

70 
460 
173 
379 
384 

50 


20 
98 
606 
211 
495 
535 
59 


22 
86 
531 
227 
481 
494 
59 


16 
65 
479 
165 
370 
423 
47 


21 
135 
630 
215 
465 
532 

60 


20 


Quebec 


120 


Ontario 


650 


Manitoba 


202 


Saskatchewan 

Alberta 


415 

527 


British Columbia 


48 


Total Marketings. . . 


1,074 


1,183 


1,210 


1,345 


1,289 


1,244 


1,529 


2,022 


1,901 


1,564 


2,057 


1,982 



Thousands 



CALVES 



Mari times 


14 
144 
285 
110 

74 

121 

* 


26 
169 
302 
109 

75 

113 

* 


31 
197 
290 
110 

84 

104 

2 


30 

237 

299 

87 

77 

95 

3 


30 

209 

269 

91 

76 

93 

4 


21 

183 

216 

80 

64 

75 

6 


17 

190 

235 

84 

82 

88 

6 


21 
216 
263 

94 

111 

119 

6 


35 
225 
237 

91 

102 

101 

5 


26 

199 

222 

83 

83 

87 

3 


27 
245 
243 

92 

108 
119 

7 


33 


Quebec 


260 


Ontario 


255 


Manitoba 


91 


Saskatchewan 

Alberta 

British Columbia 


103 

126 

5 


Total Marketings. . . 


748 


795 


819 


829 


772 


644 


701 


830 


795 


704 


841 


872 



Thousands 



HOGS 



Maritimes 


81 

283 

1,631 

250 

217 

783 

* 


82 

337 

1,668 

327 

312 

980 

* 


90 

524 

2,191 

511 

649 

1,485 

6 


77 

451 

2,327 

526 

857 

1,947 

33 


82 

348 

2,022 

598 

965 

2,182 

32 


100 

437 

2,029 

755 

1,409 

2,392 

27 


147 

789 

2,109 

852 

1,934 

2,982 

50 


107 
535 

1,807 
487 
943 

1,946 
36 


81 

478 

1,769 

345 

514 

1,251 

22 


99 

700 

2,091 

309 

435 

1,105 

16 


170 

851 

1,906 

272 

357 

1,165 

47 


159 


Quebec 

Ontario 


848 
1,925 


Manitoba 

Saskatchewan 

Alberta 

British Columbia 


260 

280 

925 

32 


Total Marketings. . . 


3,246 


3,706 


5,457 


6,216 


6,228 


7,149 


8,863 


5,861 


4,461 


4,756 


4,768 


4,429 



Thousands 



SHEEP 



Maritimes 


19 

129 

249 

89 

73 

200 

* 


18 

126 

229 

90 

64 

224 
* 


15 
123 
226 

99 

80 
193 

36 


14 
147 
245 

91 

83 
214 

35 


21 
158 
229 

95 

89 
207 

34 


28 
165 
236 

97 
104 
211 

47 


17 
161 
259 
124 
136 
303 

40 


25 
225 
309 
143 
161 
329 

41 


43 
214 
277 
122 
142 
300 

35 


22 
179 
202 

78 
101 
289 

26 


28 
184 
198 

55 

78 
216 

22 


25 


Quebec 


166 


Ontario 


197 


Manitoba 

Saskatchewan 

Alberta 

British Columbia 


45 

56 

172 

23 


Total Marketings. . . 


759 


753 


772 


830 


833 


887 


1,040 


1,233 


1,131 


896 


781 


684 



Dollars 


AVERAGE PRICE PER 


CWT: 


ON LEADING CANADIAN MARKETS 










1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Cattle 


4.35 
6.10 
9.27 
7.16 


5.10 
6.50 
8.64 
8.03 


5.70 

7.25 

10.95 

8.27 


6.69 

8.39 

12.85 

9.73 


8.39 
10.91 
15.03 
10.95 


9.46 
12.19 
16.21 
10.79 


8.85 
10.15 
16.65 

9.95 


9.00 
10.85 
17.15 
10.55 


10.00 
12.25 
18.80 
11.80 


10.92 
12.62 
21.31 
12.03 


15.19 

17.66 
29.03 
16.98 


16.20 


Calves 


19.83 


Hoes (2) 


29.70 


Sheep 


19.34 



(1) Shipments to stock-yards, to packers and direct for export, classified by provinces in which shipment originated, 
hogs. * Not available. 



(2) Prices shown from 1940 are for dressed 



AUGUST 1950 



134 



Millions 



X— DAIRYING STATISTICS 

Dominion Bureau of Statistics 







MILK PRODUCTION 


AND FARM VALUE 




MANUFACTURED DAIRY PRODUCTS 




Total 


Fluid 
Sales 


consumed(i) 
On Farms 


Used in 
Manufacture 


BUTTER(2) 


CheeseO) 


OTHERC4) 


Total 




lbs. 


dollars 


lbs. 


dollars 


lbs. 


dollars 


lbs. 


dollars 


lbs. 


dollars 


lbs. 


dollars 


lbs. 


dollars 


dollars 


Calendar 
Years 
































1928 


12,708 


167.6 


1,814 


35.6 


2,675 


31.3 


8,219 


100.8 


267 


98.0 


145 


30.6 


150 


23.3 


151.9 


1929 


12,410 


164.6 


1,761 


35.3 


2,690 


31.4 


7,959 


98.0 


268 


98.4 


120 


21.6 


162 


25.6 


145.6 


1930 


13,071 


149.2 


2,524 


40.5 


2,219 


19.9 


8,329 


88.8 


283 


84.1 


120 


18.2 


164 


24.7 


127.0 


1931 


14,340 


139.8 


2,759 


39.6 


2,410 


18.7 


9,171 


81.5 


325 


70.3 


115 


12.9 


129 


19.4 


102.6 


1932 


13,997 


113.3 


2,699 


34.4 


2,371 


15.1 


8,927 


63.8 


313 


54.5 


121 


11.5 


116 


15.1 


81.1 


1933 


14,084 


115.7 


2,688 


34.9 


2,444 


15.5 


8,952 


65.3 


318 


59.0 


112 


11.2 


117 


13.7 


83.9 


1934 


14,452 


122.5 


2,786 


37.8 


2,468 


16.1 


9,198 


68.6 


334 


63.9 


100 


9.9 


127 


15.1 


88.9 


1935 


14,572 


126.9 


2,773 


37.4 


2,450 


16.7 


9,348 


72.8 


338 


68.8 


102 


10.7 


142 


16.7 


96.2 


1936 


15,122 


138.2 


2,829 


40.3 


2,510 


17.9 


9,784 


80.0 


346 


75.3 


120 


15.7 


156 


19.1 


110.1 


1937 


15,125 


146.3 


2,774 


40.5 


2,478 


18.9 


9,873 


87.0 


341 


83.9 


132 


18.1 


189 


24.1 


126.1 


1938 


15,820 


154.8 


3,013 


44.9 


2,566 


19.9 


10,240 


90.0 


358 


84.7 


125 


16.9 


208 


26.0 


127.6 


1939 


15,781 


144.9 


3,012 


45.1 


2,565 


19.5 


10,204 


80.3 


355 


77.9 


126 


15.4 


217 


25.8 


119.1 


1940 


15,999 


150.3 


3,018 


49.3 


2,613 


23.0 


10,369 


78.0 


349 


82.2 


146 


20.0 


255 


31.2 


133.4 


1941 


16,550 


198.4 


3,119 


57.6 


2,377 


25.2 


11,054 


115.6 


369 


117.6 


153 


24.9 


315 


41.0 


183.5 


1942 


17,489 


268.1 


3,388 


72.7 


2,475 


35.3 


11,626 


160.1 


363 


122.4 


208 


45.1 


345 


47.9 


215.4 


1943 


17,519 


296.8 


3,707 


84.7 


2,498 


39.5 


11,314 


172.7 


367 


124.8 


167 


39.1 


355 


49.2 


213.1 


1944 


17,624 


325.7 


3,912 


98.1 


2,509 


42.4 


11,203 


185.2 


353 


121.2 


183 


42.3 


376 


54.7 


218.2 


1945 


17,629 


330.0 


4,008 


103.0 


2,512 


44.8 


11,108 


182.2 


350 


121.1 


194 


43.4 


389 


53.0 


217.5 


1946 


16,956 


353.8 


4,254 


118.6 


2,551 


50.5 


10,151 


184.7 


328 


127.5 


154 


37.3 


388 


55.0 


219.8 


1947 


17,241 


403.0 


4,163 


131.4 


2,540 


56.6 


10,538 


215.0 


349 


182.0 


130 


35.9 


467 


74.6 


292.5 


1948 


16,730 


486.3 


4,025 


146.4 


2,342 


66.2 


10,363 


273.7 


350 


234.2 


99 


33.3 


538 


91.7 


359.2 


1949 


16,789 


438.2 


4,084 


145.4 


2,501 


61.0 


10,204 


231.8 


334 


196.9 


124 


40.6 


506 


86.1 


323.6 



(1) Whole milk consumed on farms and fed to animals. (2) Includes whey butter commencing in 1945. 
(3) Includes cottage cheese commencing in 1945. (4) Concentrated milk products and ice cream. 



PRODUCTION OF MILK AND DAIRY PRODUCTS 

UTILIZATION OF MILK PRODUCTION MANUFACTURED DAIRY PRODUCTS 

MILLIO NS Or POUNDS ANNUAL TOTALS MILLIONS OF PO UNDS 

200001 | I I I ~/>^IOOO 



16000 



12000 



8000 



4000 















Wgg& 


fy- ■' :■;■:•:■: 



















































































1927 20 33 36 38 40 43 46 49 1927 30 33 36 38 

(1) Whole milk consumed on farms and fed to animals. (2) Concentrated milk products and ice cream. 
for the years 1945 to 1949 inclusive. (4) Includes whey butter for the years 1945 to 1949 inclusive. 



800 



600 



400 



200 



£^ 
40 43 46 49 

(3) Includes cottage cheese 



135 



AUGUST 19501 



XI— GRAINS : ACREAGE AND PRODUCTION : 1942-50 

Dominion Bureau of Statistics 



WHEAT 



mm. bus. mm. acres 



OATS 



mm. bus. mm. acres 



BARLEY 



mm. bus. mm. acres 



RYE 



mm. bus. mm. acres 



FLAXSEED 



mm. bus. mm. acres 



OTHER GRAINS 



mm. bus. mm. acres 



(2) 
SUMMER 
FALLOW 



mm. acres 



TOTAL CANADA 



1942 


556.7 


21.6 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.9 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


416.6 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


318.5 


23.4 


381.6 


14.4 


157.8 


7.4 


5.9 


.5 


7.6 


1.1 


62.5 


2.0 


19.9 


68.5 


1946 


413.7 


24.5 


371.1 


12.1 


148.9 


6.3 


8.8 


.7 


6.4 


.8 


68.6 


1.8 


20.4 


66.6 


1947 


341.8 


24.3 


278.7 


11.0 


141.4 


7.5 


13.2 


1.2 


12.3 


1.6 


46.8 


1.6 


19.4 


66.6 


1948 


386.3 


23.9 


358.8 


11.2 


155.0 


6.5 


25.3 


2.1 


17.7 


1.9 


78.4 


2.0 


20.0 


67.5 


1949 


367.4 


27.5 


317.9 


11.4 


120.4 


6.0 


10.0 


1.2 


2.3 


.3 


72.9 


2.1 


21.0 


69.5 


1950t 


490.3 


27.0 


433.1 


11.6 


184.4 


6.6 


15.4 


1.2 


5.2 


.5 


* 


2.2 


21.0 


70.1 



MANITOBA 



1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


.2 


2.0 


.2 


2.3 


.1 


2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 


.1 


2.3 


8.4 


1944 


50.3 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


.2 


1.9 


.1 


1.8 


8.4 


1945 


38.8 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


- 


2.8 


.3 


1.3 


.1 


2.5 


8.8 


1946 


58.0 


2.5 


50.0 


1.4 


43.0 


1.7 


.3 


— 


3.0 


.3 


.8 


- 


2.6 


8.6 


1947 


42.0 


2.5 


39.0 


1.4 


34.0 


1.9 


.6 


- 


5.2 


.6 


.6 


- 


2.2 


8.6 


1948 


50.0 


2.2 


60.0 


1.5 


45.0 


1.5 


2.0 


.1 


9.0 


1.0 


.7 


- 


2.1 


8.4 


1949 


57.0 


3.2 


53.0 


1.7 


40.0 


1.7 


.8 


- 


1.1 


.1 


1.0 


- 


2.2 


8.9 


1950f 


51.0 


2.4 


64.0 


1.6 


52.0 


1.7 


1.3 


.1 


2.9 


.3 


* 


- 


2.6 


8.7 



SASKATCHEWAN 



1942 


305.0 


12.4 


255.0 


4.9 


92.0 


2.5 


15.0 


.8 


10.5 


1.1 


2.5 


.1 


11.7 


33.4 


1943 


146.0 


9.6 


200.0 


6.5 


80.0 


3.3 


3.8 


.3 


11.5 


2.1 


1.9 


.1 


12.0 


33.9 


1944 


242.1 


13.2 


198.0 


5.6 


72.0 


2.7 


4.8 


.4 


6.4 


.9 


3.8 


.1 


11.6 


34.6 


1945 


168.1 


13.6 


143.0 


5.7 


54.5 


2.7 


2.6 


.3 


3.8 


.7 


1.4 


.1 


11.7 


34.7 


1946 


208.0 


14.2 


100.0 


4.3 


43.0 


2.3 


4.0 


.4 


2.6 


.5 


.2 


- 


11.8 


33.6 


1947 


173.0 


14.2 


80.0 


4.0 


45.0 


2.8 


6.8 


.7 


4.2 


.7 


.1 


- 


11.5 


33.9 


1948 


191.0 


14.4 


89.0 


3.7 


42.0 


2.3 


10.5 


1.2 


4.7 


.6 


.1 


- 


11.7 


33.9 


1949 


183.0 


15.7 


85.0 


3.4 


33.0 


1.8 


4.4 


.7 


.7 


.1 


.1 


- 


12.7 


34.4 


1950f 


280.0 


16.2 


134.0 


3.4 


57.0 


2.0 


7.6 


.7 


1.6 


.2 


* 


- 


12.5 


34.9 



ALBERTA 



1942 


171.0 


6.4 


175.0 


3.3 


75.0 


1.9 


4.4 


.2 


2.2 


.2 


2.7 


.1 


5.9 


17.9 


1943 


82.8 


4.8 


129.0 


3.7 


56.0 


2.2 


1.2 


.1 


3.3 


.6 


2.2 


.1 


6.3 


17.8 


1944 


99.3 


6.7 


111.8 


3.2 


51.7 


1.9 


1.7 


.1 


1.2 


.2 


1.6 


.1 


6.0 


18.2 


1945 


87.7 


6.8 


76.0 


3.3 


37.0 


2.0 


1.5 


.1 


.7 


.1 


1.4 


.1 


5.7 


18.2 


1946 


127.0 


7.0 


97.0 


2.8 


48.0 


1.8 


2.9 


.2 


.6 


.1 


.7 


- 


6.0 


17.8 


1947 


105.0 


6.6 


75.0 


2.5 


52.0 


2.4 


4.3 


.3 


2.2 


.3 


.4 


- 


5.8 


17.9 


1948 


115.0 


6.3 


75.0 


2.4 


55.0 


2.2 


9.9 


.6 


3.1 


.3 


1.1 


- 


6.2 


18.0 


1949 


97.0 


7.6 


52.0 


2.3 


36.0 


2.1 


2.4 


.3 


.3 


- 


.7 


- 


6.1 


18.5 


1950f 


124.0 


7.3 


83.0 


2.5 


62.0 


2.5 


4.3 


.3 


.5 


— 


* 


— 


6.0 


18.6 















OTHER 


PROVINCES 














1942 


27.7 


.9 


152.0 


4.1 


18.2 


.6 


;.; 


.1 


.3 


_ 


80.8 


2.0 


* 


7.7 


1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 


.1 


.3 


- 


43.4 


1.7 


* 


6.7 


1944 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 


.1 


.3 


- 


67.4 


1.8 


* 


7.2 


1945 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 


.1 


.3 


- 


58.5 


1.8 


* 


6.8 


1946 


20.7 


.7 


124.1 


3.6 


14.9 


.5 


1.5 


.1 


.2 


- 


66.9 


1.7 


* 


6.6 


1947 


21.8 


.9 


84.7 


3.2 


10.4 


.4 


1.6 


.1 


.7 


.1 


45.7 


1.6 


* 


6.2 


1948 


30.3 


1.1 


134.8 


3.7 


13.0 


.4 


3.0 


.1 


.9 


.1 


76.5 


1.9 


* 


7.3 


1949 


30.4 


1.1 


127.9 


4.1 


11.4 


.4 


2.5 


.1 


.2 


- 


71.0 


2.0 


* 


7.7 


1950f 


35.3 


1.2 


152.1 


4.1 


13.4 


.4 


2.1 


.1 


.3 


— 


* 


2.1 


* 


7.9 



(1) Buckwheat, mixed grains and shelled com. (2) Prairie Provinces only. * Not available, t Preliminary estimate. 



AUGUST 1950 



136 



XII— CANADIAN WHEAT : STATISTICAL POSITION 

Millions of Bushels Compiled from "Grain Trade of Canada" and the "Monthly Review of the Wheat Situation" 







Supplies 


Beginning of Period 






Available 






Crop Year 












Apparent 


for 


Exports^ 


End of 
Period 
Stocks 


Beginning 
August 1 


Grain 

in 
Canada 


Canadian 

Grain in 

U.S.A. 

Ports 


Total 
Carry- 
over 


Crop 


Total 
Supplies 


Domestic 
Dis- 
appearance 


Export 
and 

Carry- 
over 


of Wheal 

and 

Flour 


1931/32 


133 


6 


139 


321 


460 


117 


343 


207 


136 


1932/33 


130 


6 


136 


443 


579 


99 


480 


263 


218 


1933/34 


210 


8 


218 


282 


500 


104 


395 


193 


203 


1934/35 


193 


10 


203 


276 


479 


101 


378 


164 


214 


1935/36 


202 


12 


214 


282 


496 


122 


374 


247 


127 


1936/37 


108 


19 


127 


219 


347 


99 


247 


210 


37 


1937/38 


33 


4 


37 


180 


217 


970) 


120 


96 


25 


1938/39 


24 


1 


25 


360 


385 


122 


263 


160 


103 


1939/40 


95 


8 


103 


521 


624 


130 


493 


193 


300 


1940/41 


273 


28 


300 


540 


841 


129 


711 


231 


480 


1941/42 


448 


32 


480 


315 


795 


145 


650 


226 


424 


1942/43 


405 


19 


424 


557 


981 


171 


809 


215 


595 


1943/44 


579 


15 


595 


285 


879 


179 


700 


344 


357 


1944/45 


338 


18 


357 


417 


773 


172 


601 


343 


258 


1945/46 


238 


20 


258 


319 


577 


163 


414 


340 


74 


1946/47 


74 


- 


74 


414 


487 


162 


326 


239 


86 


1947/48 


86 


- 


86 


342 


428 


155 


273 


195 


78 


1948/49 


78 


- 


78 


386 


464 


129 


335 


232 


102 


1949/50 


102 


- 


102 


367 


470 


132 


338 


225 w 


113 


1950/51 


113 


- 


113 


490 <4) 


603 











(I) Canadian Customs figures adjusted for changes in stocks of Canadian wheat in U.S.A. Lake and Seaboard Ports until 1935/36; after that year Board 
of Grain Commissioners' clearances. (2) Exclusive of consumption of 5.7 mm. bushels imported from the United States. (3) Preliminary. (4) Estimate. 



Millions of Canadian Dollars 



XIII— FOREIGN INVESTMENT IN CANADA 

Dominion Bureau of Statistics 



1926 



1930 



1939 



1945 



1946 



1947 



1948<» 



Non-Resident Investment in Canada 



Held in United States 


3,196 
2,636. 
170 

6,003 


4,660 
2,766 

188 

7,614 


4,151 

2,476 

286 

6,913 


4,990 

1,750 

352 

7,092 


5,157 

1,668 

353 

7,178 


5,200 

1,631 

343 

7,174 


5,588 

1,593 

332 

7,513 


Held in United Kingdom 

Held in Other Countries 

Total 



United States Direct Investment in Canada < 2 > 



(1) Subject to revision. 

(2) Value of United States direct investments in all Canadian business including branches, subsidiaries and controlled companies. 



Manufacturing: 
Vegetable Products 


69 

18 

18 

256 

180 

83 

109 

60 

25 

818 

141 

249 

89 

58 

48 


94 

38 

20 

334 

199 

113 

126 

86 

31 


96 

47 

20 

281 

188 

130 

112 

88 

22 


140 

44 
28 
316 
272 
203 
133 
118 
31 

1,285 

255 
359 
153 
198 
54 


146 
42 
29 

350 
283 
208 
138 
134 
36 

1,366 

245 
366 
165 
232 
54 


155 
46 
32 

383 
312 
225 
152 
147 
41 

1,493 

254 

345 

175 

222 

59 

2,548 


179 


Animal Products 


49 


Textiles 


35 


Wood and Paper Products 

Iron and Products 


451 
346 


Non-ferrous Metals 

Non-metallic Minerals 

Chemicals and Products 

Miscellaneous Manufactures. . . . 


250 

229 

167 

47 


Manufacturing — Total 


1,041 

210 

423 

122 

136 

61 


984 

198 
399 
119 
126 
55 


1,753 


Mining and Smelting 


274 


Utilities 


347 


Merchandising. . 


183 


Financial 


208 


Miscellaneous 


64 






Total All Companies 


1,403 


1,993 


1,881 


2,304 


2,428 


2,829 



137 



Millions of Dollars 



AUGUST 195C 



XIV— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS"'* 









TOTAL EXPORTS (EXCLUDING GOLD) 


TO 








U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 

Other 

(5) 


Total 

All 

Countries 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


12-Mths. ending 

July 1950 <6> 


1,805 


573 


59 


53 


120 


195 


137 


93 


3,033 


Monthly 

1949-May 


125.8 


74.3 


8.1 


11.0 


13.0 


27.4 


13.2 


5.4 


278.3 


June 


118.1 


61.1 


6.3 


11.8 


15.2 


31.0 


14.5 


6.4 


264.5 


July 


107.1 


67.1 


5.3 


9.4 


14.7 


26.5 


9.2 


5.4 


244.7 


Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


1950-Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


5.0 


209.0 


May 


178.5 


53.4 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 


June 


178.9 


52.9 


3.7 


5.5 


9.1 


17.6 


15.0 


6.8 


289.4 


July' 6 ' 


170.1 


31.9 


4.9 


4.3 


9.7 


19.4 


11.2 


4.1 


255.5 



Millions of Dollars 




MERCHANDISE IMPORTS"' 










TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 
Africa 


Area 
(3) 


Colonies 

(4) 


South 
America 


(5) 


Countries 


Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


83 


193 


39 


2,760 


12-Mths. endiny 




















June 1950 (6) 


1,948 


330 


107 


4 


82 


84 


196 


53 


2,803 


Monthly 




















1949-May 


172.1 


29.5 


11.6 


.4 


8.2 


7.7 


17.0 


4.0 


250.5 


June 


176.8 


26.9 


11.0 


.5 


7.8 


8.4 


16.0 


3.0 


250.5 


July 


160.3 


29.3 


9.8 


.2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


.2 


7.2 


6.4 


14.9 


4.7 


230.9 


May 


195.5 


36.3 


16.0 


.6 


7.6 


8.8 


18.8 


6.5 


290.2 


June (,) 


188.3 


37.1 


13.4 


.4 


9.7 


10.1 


15.2 


8.3 


282.4 



* Commencing April 1, 1949. external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire, India, Pakistan, Burma, Australia, New Zealand. Iceland. 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece, Turkey, and British Sudan. 

(5) Includes Egypt. Spain. Palestine, and also Newfoundland until March 31. 
1949. 

(6) Preliminary. 



EXPORTS AND IMPORTS BY COUNTRIES* 



138 



EXPORTS 



IMPORTS 



MILLIONS OF DOLLARS 

1800 



RUNNING 12- MONTH TOTALS 




MILLIONS Or DOLLARS 

2200 



— 12100 



DMJ SDMJ SDMJ SDMJ SDMJ SD 
1946 1947 I94S 1949 1950 




DMJSDMJ SDMJ SDMJ SDMJ SD 
1946 1947 1948 1949 1950 



* Excluding gold. See footnotes to table on page 137. 



139 



Millions of Dollars 



AUGUST 1950 ' 
XV— MERCHANDISE IMPOFf| 

Compiled from "Trade of Caijm 
(hi, 



Calendar 
Years 


Fruits 
and 
Nuts 


Vegetables 


Grains 
and 

Milled 
Products 
(incl. rice) 


Sugar 

and 

Products 


Tea 

and 
Coffee 


Alcoholic 

Beverages 

(1) 


Vegetable 
Oils 
(non- 
edible) 


Rubber 

(incl. syn- 
thetic) 


Furs 


Hides 

and 

Leather 

(unmfd. 

and mfd.) 


0:r 
Veg ibl 


1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


1 


1932 


21 


5 


6 


17 


10 


17 


5 


4 


4 


6 


) 


1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


1 


1946 


118 


27 


20 


40 


26 


13 


12 


20 


27 


13 


} 


1947 


100 


25 


36 


57 


35 


14 


23 


29 


22 


26 


3 


1948 


91 


8 


31 


72 


42 


16 


19 


32 


25 


19 


I 


1949 

12-Mths. ending 

June 1950 

Monthly 

1949— May 


96 

107 
7.1 


19 

23 

2.8 


26 

30 

2.0 


71 
71 

7.7 


50 

60 

4.2 


22 

19 

1.4 


21 
25 
1.4 


29 

32 

2.6 


20 

19 

1.1 


25 

25 

2.0 


1 




June 


8.8 


3.3 


1.9 


6.8 


4.2 


1.4 


1.3 


1.7 


1.1 


1.8 


(2 


July 


8.9 


1.2 


2.1 


5.7 


3.6 


1.6 


1.3 


1.8 


.6 


1.6 




Aug. 


7.7 


.4 


2.0 


5.7 


3.9 


1.6 


1.5 


2.5 


.6 


2.2 


<3 


Sept. 


7.2 


.2 


2.2 


5.1 


4.2 


1.6 


1.5 


1.8 


1.8 


2.4 


:i 


Oct. 


10.4 


.9 


3.1 


7.9 


4.5 


1.8 


2.5 


2.7 


1.8 


1.9 


:i 


Nov. 


10.5 


1.2 


5.1 


10.7 


5.7 


2.7 


2.4 


2.7 


1.6 


1.7 


') 


Dec. 


9.2 


1.7 


2.6 


4.5 


4.4 


3.1 


1.6 


2.4 


1.2 


1.8 


<> 


1950— Jan. 


5.8 


1.9 


1.0 


2.0 


6.0 


1.6 


1.7 


3.0 


2.3 


2.3 


<l 


Feb. 


7.3 


2.1 


1.0 


1.7 


5.1 


1.0 


1.9 


3.1 


2.3 


2.5 


■ ) 


Mar. 


8.9 


2.5 


1.0 


4.5 


4.0 


1.0 


3.1 


3.0 


1.8 


2.7 


') 


Apr. 


7.7 


2.8 


1.6 


3.1 


7.2 


1.0 


1.7 


3.1 


1.3 


2.0 


a 


May 


10.9 


4.1 


3.7 


10.7 


6.5 


1.0 


2.1 


3.1 


2.1 


1.9 


a 


June 


12.2 


4.3 


4.5 


9.1 


5.1 


1.4 


3.2 


2.8 


1.3 


1.7 


" 



Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs. Ingots 
Blooms 

and 
Billets 


Bars and 

Rods incl. 

Rails 


Sheets. 

Plates, 

Hoop. Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 

and 
Forgings 


Engines, 

Loco- 
motives 
and Boilers 


Farm 
Implements 

and 
Machinery 


Machinery 
(except 

agri- 
cultural) 


M 

V'ei o 
a 
P 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 




1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 




1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 




1946 


93 


6 


1 


8 


38 


8 


7 


29 


68 


130 


1 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


1 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


1 


1949 


131 


12 


6 


13 


67 


18 


13 


59 


177 


216 


1 


12-Mths. ending 
























June 1950 


143 


11 


2 


8 


52 


14 


9 


53 


178 


211 


2 


Monthly 

1949— May 


10.6 


1.5 


1.0 


1.4 


6.8 


2.9 


1.4 


4.5 


17.5 


20.3 


U 


June 


10.8 


2.0 


.3 


1.4 


6.9 


2.7 


1.2 


6.0 


17.1 


19.3 


u 


July 


9.9 


3.2 


.4 


.9 


5.2 


1.2 


1.1 


4.9 


15.9 


18.2 


It 


Aug. 


9.5 


1.9 


- 


.7 


5.3 


1.3 


.8 


4.8 


14.1 


14.1 


K 


Sept. 


10.6 


.7 


.1 


.8 


5.2 


1.6 


.7 


4.1 


14.1 


16.6 


i; 


Oct. 


12.2 


1.8 


.1 


.5 


2.9 


.7 


.7 


4.2 


12.2 


17.7 


1- 


Nov. 


13.1 


.2 


.3 


.4 


1.9 


.5 


1.1 


3.9 


12.6 


17.4 


u 


Dec. 


11.8 


.3 


.1 


.5 


3.9 


1.2 


.8 


4.3 


10.6 


16.7 


K 


1950— Jan. 


11.0 


- 


.1 


.5 


4.4 


1.2 


.7 


3.6 


13.1 


18.2 


1; 


Feb. 


10.5 


- 


.1 


.6 


3.9 


1.3 


.5 


3.3 


13.3 


14.7 


It 


Mar. 


13.3 


- 


.1 


.7 


3.7 


1.2 


.5 


4.5 


17.7 


18.4 


1< 


Apr. 


11.9 


- 


.1 


.7 


4.2 


1.1 


.7 


4.3 


1S.3 


18.5 


1J 


May 


15.1 


.8 


.3 


.7 


6.2 


1.4 


.9 


6.4 


20.1 


21.8 


21 


June 


14.5 


2.0 


.2 


1.1 


5.7 


1.3 


.7 


4.9 


15.8 


19.0 


2t 


(1) Before 1935 import totals are si 
in Council (9213) and the item ' 


bstantially o 
'Canadian G 


ver-valued owing to inclu 
oods Returned" (9195) an 


sion or U.K. 
: excluded. 


excise taxes 


an spirits In 


jorted from t 


hat country. 


tlmpo 


ics fr. 



AUGUST 1950 

MMODITY CLASSIFICATION 

nion Bureau of Statistics 
)ld) 



140 



Millions of Dollars 



Cotton 


Silk 

(raw and 

mfd.) 


Wool 


Artificial 
Silk 


Flax, Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




md 
fd. 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


8 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


S 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


1 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


5 


75 


4 


30 


35 


22 


23 


31 


19 


31 


20 


1946 


1 


119 


7 


30 


54 


34 


38 


46 


23 


32 


35 


1947 


7 


78 


4 


48 


67 


30 


27 


39 


17 


31 


25 


1948 


7 




73 

58 

7.2 


6 
6 

.4 


37 

39 

4.9 


63 

51 

6.1 


30 

20 

2.9 


20 
23 

1.7 


37 

41 

3.3 


20 
21 
1.7 


36 

40 

2.6 


30 

31 

2.6 


1949 

12-Mths. ending 

June 1950 

Monthly 

May— 1949 





8.3 


.4 


4.1 


5.1 


3.1 


1.5 


2.9 


1.7 


2.7 


3.0 


June 


3 


5.2 


.5 


3.2 


6.0 


2.1 


1.7 


3.2 


1.5 


2.6 


2.3 


July 


3 


3.6 


.4 


3.1 


5.7 


1.5 


1.4 


3.2 


1.5 


3.0 


2.5 


Aug. 


2 


3.3 


.4 


2.0 


4.2 


1.4 


1.7 


2.9 


1.6 


3.7 


2.7 


Sept. 





4.2 


.5 


3.0 


3.2 


1.6 


1.9 


3.1 


2.0 


3.7 


2.5 


Oct. 


6 


4.5 


.5 


2.3 


3.5 


1.7 


1.9 


3.4 


1.8 


3.8 


• 2.7 


Nov. 


3 


4.2 


.5 


2.5 


2.8 


1.4 


1.1 


3.0 


1.6 


3.2 


2.1 


Dec. 


5 


6.1 


.6 


3.0 


4.6 


1.8 


1.9 


3.8 


1.6 


3.2 


2.3 


Jan. — 1950 


3 


5.4 


.6 


3.3 


4.1 


1.6 


2.1 


3.7 


1.7 


3.0 


2.7 


Feb. 


3 


5.6 


.6 


4.3 


5.0 


1.8 


1.9 


3.9 


1.9 


3.7 


2.9 


Mar. 


7 


6.0 


.5 


3.1 


3.9 


1.6 


2.4 


3.5 


1.8 


3.3 


2.4 


Apr. 





5.7 


.5 


4.2 


4.2 


1.6 


2.6 


4.0 


2.1 


3.7 


2.7 


May 


4 


4.9 


.6 


5.1 


4.3 


1.4 


2.0 


3.0 


1.9 


3.2 


3.1 


June 



:r 
l 


Bauxite 


Tin 


Electrical 


Other 
Non-ferrous 


Coal 
and 


Petroleum 
and 


Glass 


Other 
Non- 


All 
Other 


Totalt 


Calendar 


1 


Ore 


Products 


Apparatus 


Metals 


Products 


Products 




metallic 
Minerals 


Imports 


Imports 


Years 





3 


3 


37 


48 


64 


77 


11 


35 


75 


1,299 


1929 


4 


2 


1 


8 


11 


35 


43 


5 


13 


33 


453 


1932 


3 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


9 


9 


6 


48 


58 


133 


123 


23 


53 


119 


1,864 


1946 


7 


9 


7 


69 


77 


154 


207 


29 


63 


159 


2,570 


1947 


8 


10 


8 


62 


76 


206 


301 


26 


73 


115 


2,636 


1948 


3 


10 


8 


70 


87 


157 


274 


25 


79 


157 


2,760 


1949 

12-Mths. ending 


1 


9 


7 


76 


93 


160 


280 


27 


79 


148 


2,803 


June 1950 

Monthly 


5 


.6 


.2 


5.7 


7.5 


12.6 


26.4 


2.1 


8.0 


13.9 


250.5 


May— 1949 


7 


1.4 


.4 


5.5 


6.9 


15.9 


24.6 


2.1 


7.5 


14.9 


250.5 


June 


2 


1.1 


.4 


4.8 


5.2 


13.5 


28.3 


1.9 


6.7 


13.9 


230.8 


July 


3 


1.3 


1.1 


5.4 


5.8 


11.5 


23.6 


2.0 


7.4 


14.5 


211.4 


Aug. 


4 


1.5 


.2 


5.3 


5.6 


14.4 


27.2 


2.1 


7.6 


14.5 


221.4 


Sept. 


8 


1.4 


.3 


7.5 


8.0 


12.1 


25.2 


2.4 


7.8 


14.1 


234.2 


Oct. 


6 


1.5 


.6 


6.8 


9.7 


13.9 


23.0 


2.8 


7.5 


14.0 


239.5 


Nov. 


4 


.2 


.4 


5.8 


8.3 


12.5 


26.4 


2.0 


5.0 


11.0 


213.3 


Dec. 


3 


.3 


.4 


6.7 


9.1 


12.3 


16.1 


2.0 


5.1 


10.8 


211.9 


Jan. — 1950 


7 


.1 


.3 


5.5 


7.2 


10.1 


15.2 


2.0 


4.6 


9.5 


200.1 


Feb. 


6 


.2 


.9 


7.3 


10.4 


10.5 


20.5 


2.3 


5.5 


7.2 


237.3 


Mar. 


9 


.3 


.6 


6.9 


7.3 


13.2 


15.9 


2.2 


5.9 


10.3 


230.9 


Apr. 


8 


.6 


.6 


7.2 


8.4 


18.1 


30.0 


2.7 


7.9 


14.1 


290.2 


May 


1 


.9 


.9 


6.8 


8.5 


18.1 


29.1 


2.3 


7.7 


13.7 


282.4 


June 



Kingdom do not include articles imported for the use of the armed forces of the United Kingdom. In the years 1946 and 1947 articles free under Order 



TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 141 - 142 

Chartered Banks: Canadian Deposits 141 

Chartered Banks: Ratio of Cash in Canada to Canadian Deposits . 142 

II Chartered Banks: 

Liabilities and Assets 143 - 144 

III General Public Holdings of Certain Liquid Assets 143 - 144 

IV Security Prices: 

Government Securities Payable in Canada only 145 

Government Securities: Canada, U.K. and U.S. A 145 

V Government Bond Yields : Canada, U.K. and U.S.A 146 

VI Official Holdings of Gold and United States Dollars .... 146 

VII Business Activity 147 

VIII Cash Income from the Sale of Farm Products 147 

IX Wholesale Prices 148 

X Cost of Living 148 

XI Public Finance: Provincial Governments 

Outstanding Debt 149-150 

Current Revenue 151 

Current Expenditure 152 

XII Exports and Imports by Countries 153 

XIII U.S.A. Statistics: 

Employment, Production, Construction, Inventories, Income and Prices 154 

TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



SEPTEMBER 1950 



141 



SEPTEMBER 195( 



Millions of Dollars 


















[_B K 




LIABILITIES 




Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits' 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


T.al 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liabiti: 

As:tS 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


2).< 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


31. 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


41. 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,4). 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,8). 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,8$. 


1947 


152.8 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,9). 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,9 J. 


1949 

End of 

1949— Mar. 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,R 


165.9 


540.3 


706.1 


62.6 


84.8 


87.3 


1,079.5 


31.7 


2,01. 


Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1,103.0 


26.9 


2,1). 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2,0i. 


June 


154.8 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,1 i. 


July 


172.8 


566.9 


739.7 


94.3 


73.8 


57.9 


1,098.2 


32.7 


2,05. 


Aug. 


198.8 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2,1 i. 


1950— Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,1 L 


Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,1 . 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,1 . 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,2 . 


July 


200.3 


552.7 


753.0 


19.6 


228.9 


94.6 


1,093.9 


34.4 


2,21. 


Aug. 


220.2 


568.2 


788 3 


16.7 


233.1 


106.2 


1,083.6 


36.9 


2,28.1 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. UrMay l'j 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the I 



CHARTERED BANKS : CANADIAN DEPOSITS 



MILLIONS OF DOLLARS 

5000 



4000 



MILLIONS Of DOLLAR 



3000 




20(X 



1941 1942 1943 1944 1945 1946 

* Chiefly Government of Canada, Provincial Governments and Foreign Banks. 



1947 



1948 



1949 



1950 



J^_ 



SEPTEMBER 1950 



142 



CANADA 



Millions of Dollars 



ASSETS 














Securities 
















Foreign' 1 ' 














All 




Sold 


Silver 


Exchange 


Govt, of Canada 
and Provincial 


1 Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 


Other 
Accounts 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


51.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


82.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


10.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 








- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


— 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


- 


40.4 


Mar. — 1949 


- 


- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr. 


- 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 


- 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 


- 




52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


- 


15.0 


July 


- 


- 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug. 


- 


- 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. — 1950 


T 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr. 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May 


- 


- 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


- 


28.2 


June 


- 


- 


89.2 


1,431.0 


638.7 


25.0 


5.5 


2,100.2 


- 


35.1 


July 


— 


— 


161.5 


1,420.4 


569.2 


25.0 


60.3 


2,074.9 


— 


28.5 


Aug. 



uent figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
age Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS : RATIO OF CASH IN CANADA TO CANADIAN DEPOSITS 

PERCENT PERCENT 







MONTHLY AVERAGf 


I OF DAILY FIGURES 




11.5 




















1 A \ 


1 1^ MONTHLY AVER 


AGE 




1.0 










r*'/^i s 


y— 12-MONTH MOVING 


AVERAGE 




\ y 






0.5 






/ 1 it ^i^. 






v y \ i y \\ 


*^. / 










A N / 


0.0 














, 








, 










, 




























I, 








i 


m 






Yi 






, 



115 



1 1.0 



105 



100 



J F M A 



M J J 
1947 



ASONOJFMA 



M J J A 
1948 



SONDJFMA 



M J J A 
1949 



SONDJFMA 



M J J 
1950 



A S O N D 



143 



SEPTEMBER 1950 



II 



Millions of Dollars 



CHAFil 

Bat of 







LIABILITIES 






Notes 


Deposits 


Cash 
in ( 3 

> i a nan a 


Securities 




Demand 


Notice 


Govt, of 
Canada 


Canadian 
Deposits 


Foreign 


Total 
Deposits 

12) 


Govt, of Canada 
and Provincial 


Foreign 
Govt. 


Oir 










and Prov. 




\^aii<tua 


Under2yrs 


Over 2 yrs. 




Average of 
























f— 


Month-end figures 
























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


2 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


4 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2.423 


259 


5 


1949 

End of 

1949-Mar. 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


51 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 


5 


Apr. 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 


5; 


May 


15 


2,284 


4,339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 


5i 


June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 


5 


July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 


5. 


Aug. 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


5 


1950-Mar. 


- 


2,399 


4,572 


429 


7,490 


719 


8,307 


718 


995 


2,661 


229 


5 


Apr. 


- 


2,330 


4,560 


411 


7,382 


737 


8,226 


717 


956 


2,640 


235 


5 


May 


- 


2,453 


4,557 


407 


7,504 


758 


8,372 


745 


940 


2,655 


243 


5 


June 


- 


2,538 


4,538 


371 


7,552 


745 


8,409 


699 


734 


2,729 


238 


5 


July 


- 


2,493 


4,529 


265 


7,396 


742 


8,233 


753 


734 


2,702 


225 


5 


Aug. 


— 


2,618 


4,543 


412 


7,685 


728 


8,522 


788 


961 


2,713 


215 


5 


(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Canai 


month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered 


uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 


Ill— GENERAL PUBLIC HOLDI1 


Millions of Dollars Ba 




Currency and Active Bank Deposits 






Currency 
Outside Banks 


Active Bank Deposits 


To! 
Curr 

Act 
B. 

Dep. 




Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 






Notes"' 


Coin") 


Total 


(») 
Demand 


Active"' 
Notice 


Other") 
excl. 
Govt. 


Total 


Deduct™ 
Float 


Net 
Total 


Total 














of Canada 












As at Dec. 31 


























1938 


207 


31 


238 


734 


187 


85 


1,006 


116 


890 


3 


893 


1 ,' 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1,184 


1,! 


1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,< 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,i 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,: 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4.' 


Month-end 


























1949-Mar. 


1,095 


69 


1,164 


2,281 


659 


287 


3,227 


335 


2,892 


85 


2,977 


4,1 


Apr. 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4, J 


May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


65 


3,000 


4,1 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2,912 


74 


2.9S6 


4,1 


July 


1,113 


71 


1,184 


2,188 


671 


291 


3,150 


235 


2,915 


74 


2,989 


4, 


Aug. 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


2,971 


62 


3,033 


4, 


1950-Mar. 


1,108 


73 


1,181 


2,399 


704 


372 


3,475 


361 


3,114 


151 


3,265 


4.< 


Apr. 


1,104 


74 


1,178 


2,330 


704 


351 


3,385 


280 


3,105 


200 


3,305 


4,< 


May 


1 ,065 


73 


1,138 


2,453 


702 


348 


3.503 


365 


3,138 


203 


3,341 


4,' 


June 


1,121 


75 


1,196 


2,538 


699 


351 


3,588 


47 > 


3,113 


216 


3,329 


4,J 


July 


1,094 


75 


1,169 


2,493 


695 


325 


3,513 


355 


3.158 




3,387 


4 e 


Aug. 


1,084 


75 


1,159 


2,618 


696 


336 


3,650 


351 3,299 


233 


3,532 


4.( 


(1) Note Circulation of Bank of Canada and chartered banks, excluding (6) Cheques on other banks as shown in chartered bank month-end 


notes held by chartered banks. returns to the Minister of Finance. 


(2) Subsidiary coin issued by the Mint less coin held by Bank of Canada (7) Other Deposits with the Bank of Canada as shown in published 


and chartered banks in Canada. month-cud statements — l.e, excluding Government of Canada. 


(3) Chartered banks' public demand deposits in Canada. chartered bank and foreign deposits. 


(4) Chartered banks' public notice deposits in Canada other than (8) Estimated aggregate minimum quarterly balan 


estimated aggregate quarterly minimum balances in personal savings personal savings deposits in C notice deposits 


accounts and non-personal notice deposits. in Canada. 


(5) Chartered banks' Canadian dollar deposits of provincial governments, (9) Direct and guaranteed securities (including refundable taxes). For 


and of Can 


idii 


n, United 


Kingdom 


. ai 


id foreigi 


in 


nks. 


direct debt includes both m 


itured and u 


nmatured is 


Ml 1 ■ ■.usi.in, 


Una 



SEPTEMBER 1950 



144 



D BANKS 

ada 



Millions of Dollars 



ASSETS 




Loans 


Total 




CANADA 


ABROAD 


ital 


Call 


Current 

Public 


Current 
Other 


Call 


Current 


Assets 


499 


267 


1,343 


112 


301 


248 


3,528 


696 


117 


1,032 


165 


84 


172 


2,869 


426 


107 


732 


117 


68 


165 


3,317 


108 


104 


1,693 


54 


76 


198 


7,811 


120 


81 


lv923 


75 


74 


234 


8,140 


370 


97 


2,112 


105 


83 


220 


8,658 


285 


81 


2,026 


103 


79 


239 


8,426 


267 


90 


2,093 


106 


85 


213 


8,452 


342 


74 


2,085 


117 


78 


215 


8,604 


J96 


72 


2,085 


110 


94 


215 


8,668 


160 


77 


2,082 


105 


90 


212 


8,570 


527 


78 


2,060 


114 


84 


205 


8,734 


153 


83 


2,218 


126 


76 


209 


8,839 


198 


103 


2,226 


123 


98 


212 


8,770 


(08 


105 


2,234 


118 


87 


214 


8,912 


!76 


145 


2,293 


115 


90 


222 


8,950 


!40 


94 


2,287 


98 


95 


223 


8,796 


178 


99 


2,294 


98 


95 


220 


9,102 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in o) 
Canada 


Deposits 


Canadian 


Note (s> 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6.547 


10.9 


1 ,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


708 


6,859 


10.3 


1 ,075 


Mar.-1949 


706 


7,064 


10.0 


1,094 


Apr. 


765 


7,090 


10.8 


1,083 


May 


769 


7,138 


10.8 


1,084 


June 


755 


7,255 


10.4 


1,088 


July 


762 


7,256 


10.5 


1,081 


Aug. 


723 


7,304 


9.9 


1,070 


Mar.- 1950 


748 


7,417 


10.1 


1,078 


Apr. 


742 


7,394 


10.0 


1,070 


May 


724 


7,419 


9.8 


1,071 


June 


755 


7,433 


10.1 


1,084 


July 


781 


7,369 


10.6 


1,082 


Aug. 



Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

rculation, the latter being, since September 1944. an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



CERTAIN LIQUID ASSETS 



la 



Millions of Dollars 



(8) 

live 
ered 
lk 
ice 

sits 



172 
38 
156 
143 
108 
151 

05 
67 
67 
60 

69 
97 

69 
57 
55 
39 
34 
48 



Govt, of 

Canada 

Securities 

(»)(io)(n> 



3,228 

3,670 

11,175 

10,763 

10,249 

9,904 

10,058 
9,906 
9,868 
9,880 
9,863 
9,893 

9,803 
9,767 
9,711 
9,869 
9,812 
9,816 



Total 



5,831 
6,671 
18,027 
17,850 
17,992 
18,077 

17,804 
17,825 
17,690 
17,727 
17,705 
17,778 

18,118 
18,107 
18,045 
18,233 
18,202 
18,355 



Related Factors 



Govt, of Canada Direct and Guaranteed Funded Debt (9) 



Held by Bk. of Can. & Ch. Bks. 




Deduct^" 




Total 

(10) 


Govt, of 
Canada 
Deps. 


Net 

Total 


949 


79 


870 


1,480 


32 


1,448 


5,221 


366 


4,855 


4,529 


272 


4,257 


4,972 


320 


4,652 


5,121 


181 


4,940 


4,990 


229 


4,761 


5,089 


292 


4,797 


5,121 


397 


4,724 


5,210 


433 


4,777 


5,241 


494 


4,747 


5,310 


526 


4,784 


5,255 


217 


5,038 


5,224 


182 


5,042 


5,243 


215 


5,028 


5,116 


160 


4,956 


5,087 


68 


5,019 


5,265 


201 


5,064 



Held by Other Investors 



Total 



3,387 
3,759 
12,093 
12,178 
11,506 
10,700 

11,280 
11,051 
10,991 
10,954 
10,895 
10,882 

10,593 
10,546 
10,495 
10,665 
10,624 
10,622 



Deduct 
Securities 
held by all 
Govt. Accts. 



159 
89 

918 
1,415 
1,257 

796 

1,222 
1,145 
1,123 
1,074 
1,032 
989 

790 
779 
784 
796 
812 
806 



Net 
Total 



3,228 

3,670 

11,175 

10,763 

10,249 

9,904 

10,058 
9,906 
9,868 
9,880 
9,863 
9,893 

9,803 
9,767 
9,711 
9,869 
9,812 
9,816 



Bank< 13 > 
Loans 

& Non- 
Govt. 
Invest- 
ments 



1,628 
1,720 
2,297 
3,084 
3,341 
3,419 

3,206 
3,282 
3,271 
3,265 
3,270 
3,256 

3,437 
3,455 
3,461 
3,559 
3,502 
3,521 



Total*'" 
Related 
Factors 



5,940 
6,876 
18,327 
18,104 
18,242 
18,263 

18,025 
17,985 
17,863 
17,922 
17,880 
17,933 

18,278 
18,264 
18,200 
18,384 
18,333 
18,401 



As at Dec. 31 

1938 
1940 
1946 
1947 
1948 
1949 

Month-end 

Mar.-1949 
Apr. 
May 
June 

July 
Aug. 

Mar.-1950 

Apr. 

May 

June 

July 

Aug. 



exclusive of sinking fund holdings; guaranteed debt is included on the 
basis of the total unmatured issues outstanding; Newfoundland debt 
assumed by the Government of Canada has been included since 
June 1949. Foreign-pay securities have been valued at official 
mid-rates of exchange. 
(10) Chartered banks' temporary advances to the general public in con- 
nection with the purchase of Victory Loan Bonds at time of issue, 
amounting to 166, 261, 271, and 411 in the years 1942 to 194S inclu- 
sive, have been included in bank holdings of Government securities 
and deducted from holdings of the general public. 



(11) Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

(12) Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 

(13) All loans in Canada of the chartered banks other than temporary 
advances in connection with Victory Loan issues, plus chartered 
banks' holdings of provincial, municipal and "other" securities, and 
Bank of Canada holdingsof Industrial Development Bank Capitalstock. 

(14) Includes Bank of Canada gold and exchange holdings in the years 
1938-1943 amounting to 214, 290, 38, 201, nil and 1 respectively. 



145 



SEPTEMBER 1950 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Sept. 


101.16 


2.91 


2.78 


2.65 


2.24 


1.63 


Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 


Aug. 


102.05 


2.84 


2.75 


2.64 


2.15 


1.74 


Sept. 


102.41 


2.81 


2.71 


2.62 


2.17 


1.76 









IV— SECURITY 


PRICES 
















Bank of Canada 












Government Bonds 


3 Mod 


th Treasury Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




Canada*" 


U. K.<» 


U.S.A.«> 


Canada 


U.K 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1945 








100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 

1949— June 


100.88 


2.91 


101.92 


2.78 


102.27 


2.32 


.506 


.524 


1.158 


July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


Mav 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


Julv 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


i.n 


Aug. 


102.41 


2.75 


97.10 


3.21 


102.69 


2.26 


.546 


.513 


1.173 


Sept. 


102.88 


2.70 


98.11 


3.14 


102.41 


2.29 


.615 


.514 


1.311 



(1) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. IS. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1. 1952. 



(3) U.S. Treasury 24% due Ore. 15. 



SEPTEMBER 1950 



146 



V— GOVERNMENT BOND YIELDS* 

Bank of Canada 





1948 


1949 


1950 




Mar. 31 


| June 30 | Sept. 30 | Dec. 31 


Mar. 31 1 June 30 


Sept. 30 


Dec. 31 


Mar. 31 


June30|Sept. 29 


Government of Canada 


INTERNAL ISSUES 
























lM%dueNov. 1, 1951 


- 


- 


- 


1.73 


1.73 


1.70 


1.65 


1.75 


1.75 


1.75 


1.75 


3% due Nov. 1, 1953/56... 


2.52 


2.45 


2.42 


2.34 


2.37 


2.39 


2.36 


2.34 


2.35 


2.35 


2.47 


3% due June 1, 1957/60... 


2.92 


2.81 


2.85 


2.78 


2.71 


2.70 


2.62 


2.59 


2.63 


2.62 


2.59 


3% due Sept. 1, 1961/66... 


2.98 


2.94 


2.98 


2.93 


2.93 


2.91 


2.74 


2.72 


2.77 


2.78 


2.74 


NEW YORK ISSUES 
























3^% due Jan. 15, 1956/61... 


2.68 


2.69 


2.71 


2.51 


2.22 


2.22 


2.31 


1.97 


2.01 


2.24 


2.64 


2 3 4% due Sept. 1, 1974 (I> .... 


- 


- 


- 


- 


- 


- 


2.73 


2.64 


2.61 


2.70 


2.72 


4M% due July 1,1957* 


2.97 


2.82 


2.87 


2.68 


2.46 


2.54 


2.53 


2.24 


2.17 


2.50 


2.52 


United States Government 


2% due Sept.15, 1951/53. . . 


1.58 


1.47 


1.62 


1.52 


1.44 


1.26 


1.15 


1.20 


1.25 


1.25 


1.45 


2H% due Mar.15, 1956/58. . . 


2.01 


1.98 


2.04 


1.93 


1.77 


1.59 


1.51 


1.46 


1.54 


1.62 


1.67 


2Yi% due Dec. 15, 1963/68. . . 


2.40 


2.40 


2.41 


2.37 


2.33 


2.25 


2.13 


2.08 


2.19 


2.27 


2.30 


2H% due Dec. 15, 1967/72. . . 


2.48 


2.48 


2.48 


2.47 


2.43 


2.38 


2.30 


2.24 


2.35 


2.42 


2.44 


United Kingdom Government 


2M% due Feb. 15, 1955 u \... 


— 


— 


— 


_ 


_ 


_ 


_ 


_ 


2.23 


2.05 


1.88 


3% due Oct. 15, 1955/59... 


2.53 


2.38 


2.34 


2.18 


2.15 


2.65 


2.55 


2.49 


2.54 


2.42 


2.35 


2H%dueMay 1, 1964/67... 


2.88 


2.81 


2.74 


2.61 


2.57 


2.86 


3.02 


3.07 


3.10 


3.03 


2.98 


3% due Aug. 15, 1965/75... 


3.03 


3.03 


2.96 


2.86 


2.86 


3.11 


3.37 


3.39 


3.44 


3.43 


3.27 



f Baaed on approximate market bid side. 



(1) New issue. 



* Canadian National Railways (Guaranteed by Canada). 



Millions of U.S. Dollars 



VI— OFFICIAL HOLDINGS OF GOLD AND U.S. DOLLARS* 

Department of Finance 





Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1948 


Gold 

U.S. Dollars 


296.0 
215.0 


305.3 
222.2 


313.5 
294.0 


322.7 
345.7 


331.2 
362.9 


340.4 
401.5 


350.7 
418.0 


359.9 
454.3 


370.9 
484.0 


380.1 
512.1 


388.9 
579.3 


401.3 
596.5 


Total 


511.0 


527.5 


607.5 


668.4 


694.1 


741.9 


768.7 


814.2 


854.9 


892.2 


968.2 


997.8 


1949 


Gold 

U.S. Dollars 


407.2 
614.7 


406.6 
637.3 


408.1 
659.1 


397.7 
593.5 


409.7 
567.5 


419.3 
557.6 


427.2 
545.9 


439.7 
547.4 


450.2 
535.1 


461.7 
545.7 


475.4 
593.0 


486.4 
630.7 


Total 


1,021.9 


1,043.9 


1,067.2 


991.2 


977.2 


976.9 


973.1 


987.1 


985.3 


1,007.4 


1,068.4 


1,117.1 


1950 


Gold 

U.S. Dollars 


500.3 
649.1 


500.7 
675.2 


502.3 
689.9 


502.3 
674.9 


506.2 
676.2 


509.5 
745.9 


521.8 

798.7 


533.4 
970.8 


542.8 
l,246.8t 








Total 


1,149.4 


1,175.9 


1,192.2 


1,177.2 


1,182.4 


1,255.4 


1,320.5 


1,504.2 


l,789.6t 









' * Gold and United States Dollars held by the Exchange Fund Account and United States Dollars held by Other Government of Canada Accounts; not including 
I any part of an amount of $98.8 million in U. S. Funds borrowed in the United States in August 1949 by the Government of Canada and set aside for the purpose 
\ of retiring an equal amount of certain securities payable in U.S. dollars in following months. t Excludes an amount of $50.0 million set aside from 

I reserves, as well as $50.0 million obtained through a recent bond issue in New York, to redeem a Government of Canada issue of $100 million, payable in U.S. 
I dollars and falling due on October 1st. 



147 



SEPTEMBER 1950 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 







PRODUCTION 




Res- 






Employ- 


Aggregate 














idential 

Con- 
struction 


Car 
Loadings 


Value 

of 

Department 


ment 
Index 

<3) 


Payrolls 




Goldt 






News- 


Central 


Index 

(j) 




Nickel 


Steel 


Print 

CD 


Electric 
Stations' 2 ' 


Contracts 
Awarded 




Store Sales 


Unadjusted 
June 1, 


Unadjusted 
June 1, 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




Millions 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




of Dollars 


1941 = 100 


1941 = 100 


Annual Totals'*' 






















1932 


3,044 


15 


380 


2,186 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,119 


129 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















Aug. 1950 


4,394* 


122* 


3,257 


5,200 


44,181 


513 


3,860 


860 


128.6 


220.4 


Monthly 






















1949— Mar. 


343.6 


12.7 


298.5 


455.8 


3,602 


19.9 


330 


69.1 


123.7 


207.5 


Apr. 


327.6 


11.1 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


333.1 


11.3 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


June 


343.9 


10.7 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


326.8 


9.7 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.6 


217.6 


Aug. 


359.4 


10.0 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


1950— Mar. 


383.3 


9.3 


294.3 


451.6 


3,792 


30.2 


330 


67.4 


122.2 


212.1 


Apr. 


369.7 


11.2 


279.3 


422.8 


3,648 


43.0 


292 


67.4 


123.1 


214.2 


May 


373.8 


11.0 


290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 


June 


368.9 


10.8 


276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.6 


222.6 


July 


368.4 


9.3 


264.2 


439.3 


3,707 


74.2 


332 


55.3 


132.5 


232.1 


Aug. 






281.3 


466.4 


3,841 


48.5 


275 


60.8 


133.7 


234.7 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending July 1950. t 1949 figures revised. 



Millions of Dollars 



VIII— CASH INCOME FROM THE SALE OF FARM PRODUCTS 

Dominion Bureau of Statistics 





BY PRODUCTS 


BY REGIONS 


Total 




Field 
Crops 


'i) 

Participa- 
tion & 
Equaliza- 
tion Payts 


Livestock 


Dairy 

Products 

Poultry & 

Eggs 


All 
Other 


Total 


Maritimes 


Ontario 

and 
Quebec 


Western- 
Provinces 


Total 


(Incl. 

Certain 

Govt. (2) 

Payments) 


Calendar Years 
























1926 


561 


- 


193 


165 


44 


963 


40 


354 


570 


963 


963 


1929 


482 


- 


215 


189 


50 


936 


40 


373 


524 


936 


936 


1932 


186 


- 


80 


97 


25 


389 


21 


174 


193 


389 


389 


1937 


263 


- 


186 


152 


39 


640 


38 


293 


310 


640 


640 


1938 


296 


- 


157 


169 


39 


661 


36 


300 


324 


661 


661 


1939 


333 


- 


179 


166 


39 


717 


35 


309 


373 


717 


719 


1940 


291 


- 


226 


184 


47 


748 


38 


338 


372 


748 


758 


1941 


314 


- 


302 


230 


51 


896 


45 


421 


431 


896 


926 


1942 


347 


— 


374 


314 


63 


1,099 


58 


530 


512 


1,099 


1,154 


1943 


516 


- 


445 


367 


79 


1,407 


71 


585 


752 


1,407 


1,438 


1944 


778 


47 


514 


400 


90 


1,829 


75 


62S 


1,126 


1,829 


1,847 


1945 


644 


10 


526 


422 


93 


1,696 


79 


691 


926 


1,696 


1,702 


1946 


668 


39 


503 


431 


101 


1,742 


87 


738 


917 


1,742 


1,759 


1947 


768 


79 


496 


497 


127 


1,967 


90 


832 


1,015 


1,967 


1,979 


1948 


835 


180 


726 


578 


140 


2,459 


106 


1,017 


1 ,336 


2,459 


2,480 


1949 

6 Months 
Ending 

June 1948 


836 
160 


220 
133 


762 
303 


500 
260 


139 
68 


2,457 
925 


104 
49 


1,000 
438 


1,353 
43S 


2,457 
925 


2,474 
940 


June 1949 


209 


213 


341 


234 


71 


1,069 


45 


469 


555 


1,069 


1,079 


June 1950* 


203 


6 


380 


213 


68 


871 


47 


483 


341 


871 


884 



(1) Wheat participation and adjustment payments, oats and barley equalization payments and flax-seed adjustment payments. The whc.it pait inflation 
and adjustment payments for the years 1948 and 1949 amounted to 158 and 211 million dollars and for the first six months of 1948, WJ and 1950 
amounted to 125, 205 and 6 million dollars respectively. 

(2) Payments under the Wheat Acreage Reduction Act, the Prairie Farm Assistance Act and the Prairie Farm Income Act. * Preliminary. 



SEPTEMBER 1950 



148 



IX— WHOLESALE PRICES 

Index 1935-39 = 100 
CANADA U.K. 

Dominion Bureau of Statistics™ Board of Trade™ 



U.S.A. 

Bureau of Labor Statistics™ 





Farm 


Raw 




Manu- 






Products 

• 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


225.3 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-Aug. 


226.1 


219.2 


206.8 


186.6 


201.6 


Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.2 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.4 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950- Tan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


188.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 


May 


229.6 


232.4 


206.8 


189.1 


209.9 


June 


238.8 


237.6 


211.0 


191.1 


214.0 


July 


242.2 


242.5 


216.8 


192.2 


216.5 


Aug. 


229.3 


242.2 


218.2 


197.0 


218.5 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


212.7 


231.1 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


231.8 


251.5 


236.3 


256.3 


234.6 


257.7 


232.9 


260.6 


228.7 


265.5 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.4 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


213.6 


210.0 


203.0 


180.4 


189.7 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 


231.6 


228.9 


216.7 


190.8 


202.1 


233.6 


233.1 


220.7 


194.4 


206.3 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926 — 100. 

(2) Adjusted to 1935-39- 100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39 = 100 from base 1926 = 100. 

* An independent series with different weighting and different prices from those included in the "Total Index". Prices include subsidies. The series 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Index 1935-39 = 100 



X— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


128.8 


160.8 


First of Month 
















1949— May 


199.5 


129.1 


183.3 


122.4 


168.1 


128.4 


159.5 


June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


May 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214.3 


137.7 


180.7 


134.9 


166.9 


132.5 


167.5 


Aug. 


216.7 


138.4 


180.9 


134.9 


168.9 


132.5 


168.5 


Sept. 


218.8 


140.8 


182.3 


135.5 


171.1 


132.8 


169.8 



"Components were selected and weighted on the basis of 1938 family incomes ranging from $450-$2,500, with incomes between $1,000-$1,600 most common. 



149 



SEPTEMBER 1950 



Millions of Dollars 



XI— PUBLIC FINANCE : PROVINCIAL C 

Bank of Canada, Dominion Bureau oj 



Fiscal year-end nearest to Dec. 31st 



Direct Debt 

Funded Debt i2) 

Less Sinking Funds 

Net Funded Debt 

Treasury Bills 

Held by Govt, of Canada 

Held by Others 

Total Treasury Bills 

Savings Deposits 

Temporary Loans 

Superannuation & Other Deposits. 



Accrued Interest 

Accounts Payable & 
Other Liabilities' 4 '. 



Total Direct Debt (Less sinking Funds) . . . 
Indirect Debt 

Guaranteed Bonds <S) 

Less Sinking Funds 

Net Guaranteed Bonds 

Loans under M.I.A. Act <6) 

Guaranteed Bank Loans 

Other Indirect Debt <7) 

Total Indirect Debt (Less sinking Funds) 

Total Direct and Indirect Debt 

(Less Sinking Funds) 



1926 



740.2 
41.6 



698.6 



62.1 



62.1 

43.8 

1.9 

9.4 

9.7 

18.3 



843.8 

98.8 
.7 



98.1 

3.3 
3.1 



104.5 



948.3 



1930 



974.9 

60.6 

914.3 



91.2 



91.2 

49.0 

8.5 

10.8 

13.5 

19.3 
1,106.6 

108.5 
3.4 

105.1 

10.3 
16.0 

131.4 



1,238.0 



1933 




51.6 
89.2 

140.8 
30.8 
9.9 
15.4 
17.9 
20.7 
1,416.0 

123.3 

5.2 

118.1 

22.0 
16.9 



157.0 



1,573.0 



1937 



1,511.6 
123.4 



1,388.2 

129.5 
103.3 



232.8 
47.3 
14.4 
27.9 
18.0 
26.4 



1,755.0 

166.7 
13.3 



153.4 

36.9 
17.7 

208.0 



1,963.0 



1940 



1,734.5 
156.8 



1,577.7 

160.6 
109.4 



270.0 

41.7 

8.2 

28.5 

21.1 

27.6 
1,974.8 

164.4 

7.5 

156.9 

7.5 

37.7 

19.8 

221.9 
2,196.7 



1945 



1,641.6 
199.6 



1,442.0 

178.1 
32.0 



210.1 
48.4 
24.4 
41.9 
17.9 

33.4 



1,818.1 

135.1 
4.6 

130.5 

5.3 

8.3 

12.4 



156.5 



1,974.6 



1947 



1,697.8 
234.7 



1,463.1 

102.0 s 
40.4 



142.4 
64.2 
20.8 
55.8 
18.0 

50.8 



1,815.1 

374.2 
4.8 



369.5 

5.0 

10.4 

10.5 



395.3 



2,210.4 



1948 



1,826.0 
268.3 



1,557.7 

97.5 
39.9 



137.4 
65.4 
11.7 
63.9 
18.6 

47.7 



1,902.4 

447.2 
6.1 



441.1 

4.7 

15.3 

9.8 



470.9 



2,373.3 



Provincial Distribution 

Newfoundland! 

Prince Edward Island , 

Nova Scotia 

New Brunswick 

Quebec' 81 

Ontario 

Manitoba 

Saskatchewan 

Alberta< 4) 

British Columbia 



Total Direct and Indirect Debt 

(Less Sinking Funds) 



2.1 
38.6 
37.8 
98.4 

404.2 
90.1 
58.8 

122.4 
95.9 

948.3 



2.8 

55.4 

52.5 

104.9 

552.7 

107.6 

98.4 

136.5 

127.2 

1,238.0 



3.9 
67.4 
61.5 

170.5 
692.4 
118.5 
153.3 
157.6 
147.9 



5.9 
93.1 
82.2 
285.6 
806.1 
122.4 
216.1 
172.3 
179.3 



9.7 

101.7 
99.8 
425.9 
859.5 
120.3 
234.4 
168.6 
176.8 



10.5 

95.9 

96.6 

387.0 

757.3 

97.1 

196.6 

161.1 

172.5 



12.0 
109.9 
115.4 
601.9 
809.6 

77.6 
156.8 
138.1 
189.0 



13.7 
118.1 
135.8 
633.2 
884.0 

82.9 
152.5 
138.9 
213.5 



1,573.0 



1,963.0 2,196.7 



1,974.6 



2,210.4 2,373.3 



t Newfoundland joined Canada on March 31. 1949 and since then figures for 
that province have been included. 

(1) For purposes of comparability certain liability items shown on Provincial 
Balance Sheets, such as reserves and trust and special deposits covered by 
designated assets, have been excluded. The analysis in general conforms 
with that used in Comparative Statistics of Public Finance, Dom.-Prov. 
Conference. 

(2) Bonds, debentures and stock and debentures issued for the school refinanc- 
ing plan by the Quebec Municipal Commission. 



(3) Decrease largely due to the adjustment of indebtedness of the four ma 
ern provinces in respect of relict' loans, etc., and to final settlement of claim* 
of Alberta and Saskatchewan retarding natural res.', 

(4) Alberta figures for years 1937-1946 inclusive, include a liability tor unpaid 
interest on bonds, debentures and s.i\ inys , for the yean 
1937-1945, is based on the assumption that the net amount of back interest 
provided for under the Debt Refunding Plan was accumulated evenly 
over the period. The 1945 figure includes 10.8. being the portion of interest 






STATISTICAL SUMMARY SEPTEMBER 1950 
Additional footnote 
Please add the following as footnote 10 on page 150 against the figures 
367.3, 410.5 and 383.3 appearing as Quebec's Funded Debt (Less sinking 
Funds) in the years, 1947, 1948, and 1949 respectively. 

(10) includes school refinancing debentures issued by the Quebec Municipal 
Commission and guaranteed by the Province. 

and 
At the end of footnote (8) change the word, "note", to "notes" and after 
"(5)" add the words, "and (10)". 
1950 SUPPLEMENT 
These additions would also applj to the corresponding figures on page 29 
of the 1950 Supplement to the Statistical Summary. 






I 



SEPTEMBER 1950 



150 



MENTS : OUTSTANDING DEBT (1 > 

nd Dominion - Provincial Conference 



Millions of Dollars 



Fiscal year-end nearest to Dec. 31st 


1926 


1930 


1933 


1937 


1940 


1945 


1947 


1948 


1949 
• 


FUNDED DEBT (Less Sinking Funds) 

Newfoundland! 


1.4 
32.9 
32.8 
73.4 
272.9 
62.9 
55.0 
84.5 
82.8 


1.7 
50.7 
38.6 
74.4 

397.7 
75.5 
80.1 

101.6 
94.0 


3.0 

60.9 

57.0 

111.4 

518.3 

82.4 

105.4 

120.8 

121.3 


4.7 

85.3 

68.5 

232.2 

575.7 

82.6 

111.4 

116.1 

111.7 


6.8 

94.5 

91.9 

361.0 

616.6 

75.3 

107.5 

114.2 

109.9 


7.6 

81.8 

91.3 

340.7 

560.8 

56.9 

107.5 

114.6 

97.2 


9.1 

83.5 

103.9 

367.3 

543.8 

41.6 

96.0 

108.6 

109.3 

1,463.1 


12.0 
107.7 
115.9 
410.5 
534.8 
50.6 
98.4 
108.3 
119.5 


5.0 


Prince Edward Island 


13.5 


Nova Scotia 


122.7 


New Brunswick 


133.3 


Quebec 


383.3 


Ontario 


585.4 


Manitoba 


65.8 


Saskatchewan 


106.0 


Alberta 


109.0 


British Columbia 


138.6 






Total 


698.6 


914.3 


1,180.5 


1,388.2 


1,577.7 


1,442.0 


1,557.7 


1,662.5 






TREASURY BILLS HELD BY GOVT. OF CANADA 

Manitoba 


- 


- 


10.5 

23.8 

10.5 

6.8 


21.4 
48.3 
26.5 
33.3 


25.2 
74.2 
26.5 
34.7 


24.7 
92.8 
26.2 
34.4 


19.3 

44.8 
12.9 
25.0 


18.8 
41.8 
12.5 
24.3 


18.0 


Saskatchewan 


39.5 


Alberta 


12.2 


British Columbia 


23.7 






Total 


- 


- 


51.6 


129.5 


160.6 


178.1 


102.0 3 


97.5 


93.4 






Treasury Bills Held by Others 

Nova Scotia 


2.5 

6.8 

48.0 

1.8 

.8 

2.2 


1.5 

4.7 

39.0 

8.2 

7.9 

9.9 

20.0 


1.5 

.8 

13.5 

36.6 

18.1 

11.9 

1.0 

5.8 


2.2 

5.9 

9.5 

49.0 

11.9 

17.5 

1.0 

6.3 


2.9 

9.5 

61.0 

11.0 

16.6 

1.7 

6.7 


8.5 

8.5 
7.5 

7.6 


1.5 
8.4 

10.3 
10.4 

9.8 


3.5 

7.1 

7.3 
6.3 

15.7 




New Brunswick 


.5 


Quebec 


17.9 


Ontario 




Manitoba 


9.7 


Saskatchewan 


.7 


Alberta 




British Columbia 


8.0 


Total 




62.1 


91.2 


89.2 


103.3 


109.4 


32.0 


40.4 


39.9 


36.8 


Other Direct Debt<*> 

Prince Edward Island 


.6 

3.1 

3.9 

11.8 

27.0 

16.8 

1.4 

12.5 

6.0 


1.1 

2.7 

8.0 
10.9 
36.0 
16.7 

4.1 
14.4 

7.2 


1.0 

4.2 

2.1 

15.8 

38.3 

2.3 

7.1 

16.6 

7.3 


1.2 

5.0 

6.0 

11.1 

53.6 

2.6 

12.9 

20.3 

21.3 


2.6 

4.0 

2.2 

16.7 

52.3 

4.9 

9.8 

17.8 

16.8 


2.8 
11.4 

3.4 
18.3 
78.8 

4.7 

3.8 
18.4 
24.4 


2.8 
22.5 

5.9 
32.5 
84.7 

5.2 

4.9 
15.3 
35.6 


1.6 

8.1 

8.1 

26.3 

93.1 

5.1 

5.4 

15.8 

43.7 


1.2 


Nova Scotia 


12.5 


New Brunswick 


7.6 


Quebec 


28.7 


Ontario 


112.8 


Manitoba 


5.1 


Saskatchewan 


5.9 


Alberta (4) 


16.3 


British Columbia 


55.5 






Total 


83.1 


101.1 


94.7 


134.0 


127.1 


166.0 


209.5 


207.3 


245.6 


Total Indirect Debt (Less sinking Funds) 

Newfoundland! 


.1 

1.2 
6.5 

56.3 
8.7 
1.5 

25.4 
4.8 


.5 

1.1 

19.6 

80.0 

7.3 

6.3 

10.6 

6.0 


.9 
1.6 
29.7 
99.2 
5.2 
5.0 
8.7 
6.7 


.1 

.4 

1.9 

32.8 

127.8 

4.0 

26.0 

8.3 

6.6 


.2 

3.2 

2.8 

38.6 

129.6 

3.9 

26.4 

8.5 

8.7 


.1 

2.7 
1.9 
19.5 
117.7 
2.3 
1.5 
1.9 
8.9 


.1 

3.9 

4.1 

193.7 

181.0 

1.2 

.7 

1.3 

9.3 


.1 

2.3 

8.3 

189.3 

256.7 

1.0 

.7 

2.3 

10.2 


4 6 


Prince Edward Island 


.1 

8.5 

10.2 

217.4 

398.6 

1.0 

.7 

3.2 

17.3 


Nova Scotia 


New Brunswick 


Quebec (8) 


Ontario 


Manitoba 


Saskatchewan 


Alberta 


British Columbia 


Total 


104.5 


131.4 


157.0 


208.0 

V 


221.9 


156.5 


395.3 


470.9 


661.6 







adjustments deferred under the plan. In 1946. 47, 48 and 49 the corres- 
ponding figures are 8.7, 6.5, 4.3 and 2.2 respectively. 

Excluding C.N.R. bonds guaranteed by provinces. The increase in 1947 
was due in large part to the guarantee of hydro bonds by Quebec and 
Ontario. 
Govt, of Canada loans under Municipal Improvements Assistance Act. 

(7) See note (8). 

(8) Quebec figures of indirect debt exclude 18.6, 24.1, 25.2 and 35.7 in the years 



(5) 



(6) 



1945. 46, 47 and 48 being commitments on Public Charities Fund payable 
to institutions in equal instalments. Similar grants in other provinces are 
voted annually through current account, and not shown as contingent 
liabilities. Also see note (5). "-^^Ci, 

Includes savings deposits, temporary loans, superannuation and other 
deposits, accrued interest, accounts payable and other liabilities. 
Approximate figures, compiled from information contained in budget 
speeches, preliminary releases and related material. 



151 



SEPTEMBER 1950 



Millions of Dollars 



XI— PROVINCIAL GOVERNMENTS : CURRENT REVENUE' 

Bank of Canada, Dominion Bureau of Statistics and Dotn. • Prov. Conference 



Fiscal Year nearest to Calendar Year 



From the Public 

Taxes on Income of Individuals. 
Taxes on Corporation Profits . . . 

Other Corporation Taxes 

Revenue from Public Domain. . . 
Succession Duties 



Liquor Revenue (Net) . 

Tobacco Tax 

Amusement Taxes 



Gasoline Taxes 

Motor Vehicle Licences. 



Taxes on Real Property (5> . 

Retail Sales Taxes 

Miscellaneous Taxes 



Licences, Permits and Fees (ex. Motor Vehicles) 
Other Revenue' 6 ' 



Total from the Public. 



From the Government of Canada*" 

Subsidies 

Interim Grants 

Transfers under Tax Agreements' 8 ' 

Gasoline Tax Guarantees 

Common School & School Lands Funds. 



Total from Government of Canada'". 



Total Current Revenue. 



1926 



1.5 

1.6 

11.9 

21.3 

15.7 

16.4 

4.9 

6.5 
15.9 

9.5 

2.3 

7.8 
2.5 



117.8 



12.5 



2.2 



14.7 



132.5 



1930 



2.1 

2.6 

14.0 

18.6 

20.7 

32.6 

4.5 

23.5 
19.7 

6.0 

1.8 

8.6 
3.2 



157.9 



12.6 
1.6 



1.8 



1933 



5.2 

3.2 

16.0 

12.8 

12.8 

16.4 

3.2 

26.2 
20.6 

5.5 

2.6 

7.7 
2.4 



134.6 



13.7 
1,6 



1.9 



17.2 
151.8 



1937 



11.8 
8.7 
21.1 
25.4 
36.7 

29.7 

2.8 

38.8 
26.5 

5.5 
1.9 
2.9 

8.6 
2.3 



222.7 



13.7 
8.1 



1.5 



23.3 



246.0 



1940= 



16.3 
29.0 
25.3 
29.7 
22.2 

37.1 
2.0 

2.7 

56.6 
29.6 

5.6 

11.8 

2.9 

8.7 
2.3 



281.8 



13.7 
6.1 



1.6 



21.4 
303.2 



1945 



.3 

.1 

.8 

40.2 

25.2 

99.7 
5.6 
6.6 

58.1 
31.8 

7.1 

20.8 

5.7 

12.4 
3.6 



318.0 



14.4 

83.3 
3.5 
1.6 

102.8 



420.8 



1947 



.1 
61.5' 
14.7 3 
55.0 
31.1* 

124.8 
7.3 
7.8 

111.0 
46.5 

5.7 

30.5 

6.6 

15.0 

17.5 

535.2 



17.3 

128.9 9 

1.6 



147.7 



682.9 



1948 



.2 
86 .3 3 
19.8 3 
71.9 
29.1 

128.8 

8.9 

17.1 

124.3 
51.5 

6.4 

48.4 

7.3 

16.1 
21.2 



637.2 



17.0 

84.3 

1.6 



102.9 



740.1 



1949 

• 



■119.6' 

88.6 
28.2 

130.6 

9.6 

17.8 

136.6 
55.9 

5.4 
59.3 

7.8 

16.5 

26.8 



702.6 



18.6 

6.5 

99.0 

1.5 



125.7 



828.3 



Provincial Distribution' 10 ' 

Newfoundland! 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta" 2 ' 

British Columbia 



Total Current Revenue. 



.9 
4.6 
4.1 
29.8 
37.9 
10.3 
12.8 
10.7 
21.4 

132.5 



1.1 
6.7 
6.4 
43.4 
55.2 
11.2 
13.1 
13.4 
23.4 



173.9 



1.2 
6.7 
5.0 
31.1 
52.1 
12.3 
11.9 
12.3 
19.2 

151.8 



1.6 
10.5 

7.7 
57.3 
87.0 
15.4 
16.8 
19.1 
30.6 



1.7 
13.2 
10.0 
80.1 s 
103.0 
17.4 
21.0 
21.3 
35.5 



246.0 



303.2 



2.5 
19.0 
14.2 
114.7 
132.6 
22.6 
34.4 
34.7 
46.1 

420.8 



4.4 
32.2 
27.2 
193.3 
222.2 
33.8 
52.4 
47.3 
70.2 

682.9 



4.7 

32.6 

28.4 

202.3 

219.8 

35.9 

55.2 

62.4 

98.8 

740.1 



25.6 

5.0 

34.3 

29.2 

207.3 

225.7 

37.1 

61.1 

88.7 

114.4 



828.3 804.8 



t Newfoundland joined Canada on March 31, 1949. 

(1) Excludes interest receipts; grants-in-aid for unemployment relief, old 
age pensions, technical education, etc.; refunds from other provinces, 
municipalities, etc.; and institutional revenues from sales of produce and 
services, all of which have been deducted from the corresponding items of 
expenditure. 

(2) Quebec figures for the nine month fiscal period ended March 31. 1941 have 
been adjusted to twelve month period. 

(3) Revenue from those provinces (Ont., Que.) which have not entered into 
postwar tax rental agreements, plus collection of arrears in other provinces. 

(4) Change from previous year due in large part to rental of succession duties 
field to the Government of Canada by those provinces entering postwar tax 
agreements. 

(5) Includes Highway Tax (N.S.) and Municipal Commissioner's Levy (Man.). 

(6) Includes fees charged under the Hospital Services Plans in Saskatchewan 
(years 1947-19S0) and British Columbia (1949-1950). 



(7) Excludes grants-in-aid. (See note 1). 

(8) Excludes amounts which provinces paid to municipalities under wartime 
tax agreements. 

(9) Includes 63.2 holdbacks under wartime tax agreements. 

(10) Totals will differ from the total revenue figures in the Provincial Public 
Accounts since for the purpose of comparison a number of adjustment! 
have been made, including the deduction of certain items of revenue from 
the corresponding expenditure. (See note 1). 

(11) Figures for the 16 month fiscal period ending March 31, 1951 have been' 
adjusted to a twelve month period. 

(12) AlDerta revenue figures for the years 1937-1945 inclusive have been ad- 
justed to conform to arrangements with the Government of Canada in 
connection with the Debt Refunding Plan 

+ Approximate figures, compiled from information contained in budget j 
speeches, preliminary releases and related material. 
■^♦Compiled from information contained in official estimates adjusted to a 
comparable basis. 



SEPTEMBER 1950 



152 



<(» 



XI— PROVINCIAL GOVERNMENTS : CURRENT EXPENDITURE 1 

Bank of Canada, Dominion Bureau of Statistics and Dom. - Prov. Conference Millions of Dollars 



Fiscal Year nearest to Calendar Year 



Education . 



Public Welfare (Ex. Relief) 

Old Age Pensions"' 

Health and Hospital Care <3> . 
Other 



Total Public Welfare (ex. Relief) 

Highways & Other Aids to Transport 

Public Domain 

Agriculture 

Administration of Justice 

General Government' 4 ' 

Legislation 

Gross Debt Service (Ex. Debt Repayment)' 5 *. 

Less Interest Revenue Received 1 - 6 * 



Net Debt Service 

Subsidies to Municipalities for 
General Purposes 



Other 

Sub -Total (Ex. Relief). 
Relief"' 



Total Current Expenditure 

(Ex. Debt Repayment) 



1926 



25.5 



10.6 
6.5 



17.1 

19.6 

8.9 

4.7 

9.6 

9.4 

2.4 

41.6 

18.4 



23.2 

1.1 
2.4 



123.9 
.1 



124.0 



1930 



33.8 



4.6 
17.9 

7.4 



29.9 
33.4 
14.4 

7.1 
12.8 
11.8 

3.2 
51.9 
22.9 



29.0 

1.1 
3.7 

180.2 
5.0 

185.2 



1933 



27.5 

3.3 
18.1 

6.2 

27.6 

17.4 

8.7 

7.0 

11.2 

10.0 

2.3 

73.7 

23.3 

50.4 

.1 

1.2 

163.4 

36.1 



199.5 



1937 



33.0 



9.7 
23.8 
11.1 



44.6 
26.2 
14.3 

6.9 
13.6 
13.8 

3.3 
73.8 
21.2 

52.6 

3.0 
3.4 



214.7 
60.5 



275.2 



1940 8 



37.5 



10.5 
28.1 
13.6 



52.2 
31.6 
16.1 

7.8 
14.5 
15.6 

2.2 
84.3 
22.7 



61.6 

3.0 

4.7 

246.8 

18.5 



265.3 



1945 



71.2 



18.7 
40.0 
20.3 



79.0 
53.7 
22.1 
13.6 

17.2 
19.8 
4.2 
77.0 
23.8 



53.2 

3.3 

4.2 

341.4 

3.8 

345.2 



1947 



105.2 



23.5 
68.1 
25.6 



117.2 
95.8 
35.1 
18.5 
23.7 
28.9 
3.3 
72.9 
23.2 



49.7 

4.3 
7.9 



489.5 
6.4 



495.9 



1948 



132.4 



29.3 
87.1 
32.9 



149.3 
111.6 
42.7 
21.5 
27.5 
34.1 
6.1 
74.6 
23.1 
51.5 

10.9 
16.0 



603.7 
6.9 



610.6 



1949 
• 



150.9 



38.3 

119.7 

39.7 



197.7 
113.4 
45.1 
23.2 
35.5 
42.2 
4.0 
75.8 
22.5 



53.3 

11.8 
19.3 



696.4 
11.3 

707.8 



1950 
•* 



161.1 



40.6 

125.6 

45.9 



212.1 
109.5 
49.5 
22.5 
39.0 
43.3 
3.5 
83.0 
25.6 

57.4 

11.8 
11.5 



721.1 
11.5 

732.6 



Provincial Distribution' 8 ' 

Newfoundlandf 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta' 1 " 



British Columbia 

Total Current Expenditure 

(Ex. Debt Repayment) 



.8 

5.1 

3.9 

26.2 

38.4 

8.8 

11.0 

10.2 

19.6 



1.1 
6.7 
6.3 
42.7 
56.5 
12.1 
18.2 
16.0 
25.6 



1.1 
8.3 
5.8 
43.0 
64.6 
15.3 
22.3 
17.0 
22.1 



1.4 
9.9 
7.4 
66.3 
83.2 
16.0 
44.3 
17.8 
28.9 



1.6 
11.2 

8.9 
69.6 9 
88.0 
15.4 
22.9 
17.7 
30.0 



2.5 
16.8 
12.5 
93.4 
120.9 
15.5 
27.3 
22.1 
34.2 



3.7 
21.2 
18.6 
127.8 
166.9 
22.4 
45.7 
31.4 
58.1 



3.5 
26.1 
24.0 
157.4 
201.7 
27.5 
47.5 
39.0 
83.9 



124.0 



185.2 



21.4 

4.4 

32.6 

26.1 

167.7 

215.9 

28.9 

54.1 

43.8 

113.0 



199.5 275.2 265.3 345.2 495.9 610.6 707.8 



22.7 

4.6 

34.5'° 

29.8 

158.1 

227.6 

30.0 

56.3 

47.7 

121.4 

732.6 



t Newfoundland joined Canada on March 31st. 1949. 

(1) Includes items which provinces may place in capital account, such as 
rural hydro bonus, grants for construction of schools and hospitals not 
provincially owned, and direct relief expenditures. Also for the purpose 
of comparison, certain items of revenue have been deducted from the 
corresponding expenditure. (See footnote (1) under "Revenue"). 

(2) Excludes pensions for the blind. 

13) Includes payments to hospitals under the Hospital Services Plans in 

Saskatchewan and British Columbia (see also Note (6) under "Revenue"). 
'4) Composed largely of expenditures of general administrative departments. 

Administration cost of each function of government shown in this table 

has been charged to that function. 
(5) Includes an amount for unpaid interest in Alberta for the years 1937-1950 

inclusive. For the years 1937-1945 this is based on cash payments for 



interest adjustments, less offsetting reimbursements, made under the Debt 
Refunding Plan, spread evenly over the default period. Figures for the 
years 1946, 47, 48, 49 and 50 (est.) include the payments on the interest 
adjustments deferred in accordance with the plan. 

(6) Includes sinking fund earnings. 

(7) Includes relief expenditures whether or not capitalized. 

(8) Totals will differ from the total expenditure figures given in the Provincial 
Public Accounts since for the purpose of comparison a number of adjust- 
ments have been made including the deduction of certain revenue items. 
(See Note (1)). 

(9) See footnote (2) page 151. 

(10) Figures for the 16-month fiscal period ending March 31, 1951 have been 
adjusted to a 12-month period. 

(11) See footnote (5). 

•k -k~k See notes on page 151, 



153 



Millions of Dollars 



SEPTEMBER 1950 



XII -EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS'"* 



Calendar Years 

1946 
1947 
1948 
1949 

12-Mtlis. ending 

Aug. 1950 (6) 

Monthly 

1949-Julv 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1 950- Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. (6) 



TOTAL EXPORTS (EXCLUDING GOLD) TO 



U.S.A. 



U.K. 



901 
1,057 
1,516 
1,529 

1,859 

107.1 
117.0 
116.7 
150.6 
171.5 
159.0 

133.8 
131.2 
158.6 
139.3 
178.6 
178.9 
170.1 
170.9 



632 
755 
719 
710 

548 

67.1 
65.6 
58.3 
73.0 
58.5 
43.1 

48.8 
29.1 
32.8 
25.1 
53.3 
52.9 
31.9 
41.4 



U.K. 
Dependen- 



82 

123 

95 

72 

56 

5.3 
6.5 
6.2 
4.7 
5.3 
5.2 

5.3 
3.8 
4.2 
4.3 
4.6 
3.7 
4.9 
3.8 



Union 

of 
South 
Africa 



Other 

Sterling 

Area 

(3) 



68 
67 
83 
76 

48 

9.4 
6.8 
3.7 
4.3 
3.7 
6.3 

3.7 
3.2 
2.5 
4.1 
4.8 
5.5 
4.3 
2.0 



111 
169 
115 
151 

117 

14.7 
8.4 

10.6 
8.2 

13.9 

14.9 

5.2 
7.4 
8.3 
7.3 
16.5 
9.1 
9.7 
6.1 



Western 

Europe & 

Colonies 

(4) 



304 
310 
307 
254 

192 

26.5 
20.6 
19.3 
15.3 
22.0 
20.3 

11.8 
10.4 
11.9 
8.2 
17.8 
17.6 
19.4 
18.2 



Central 

and 

South 

America 



All 

Other 

(5) 



97 
134 
127 
132 

139 

9.2 
12.8 

9.5 
10.4 
10.0 
14.7 

7.4 
7.7 
8.4 
15.8 
14.0 
15.0 
11.2 
14.6 



183 

180 

164 

99 

89 

5.4 
9.4 
9.3 
8.2 
8.3 
10.2 

7.9 
8.8 
7.6 
5.0 
7.2 
6.8 
4.1 
6.1 



Millions of Dollars 



MERCHANDISE IMPORTS 



<J)» 



Total 

All 

Countries 



2,379 
2,796 
3,125 
3,022 

3,049 

244.7 
247.2 
233.8 
274.8 
293.2 
273.7 

224.0 
201.6 
234.3 
209.0 
296.8 
289.4 
255.5 
263.2 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. u 


1ION 


Other 


Western 


Central 


All 


Total 




U.S.A. 


U. K. 


Dependen- 


OF 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies ? c 


UTH 


Area 


Colonies 


South 


(S) 


Countries 








Af 


RICA 


(3) 


(4) 


America 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


83 


193 


39 


2,760 


12-Mths. ending 




















luly 1950 (6) 


1,958 


333 


110 


4 


86 


87 


197 


57 


2,832 


Monthly 




















1949-}uly 


160.3 


29.3 


9.8 


2 


5.3 


6.4 


16.8 


2.8 


230.8 


Aug. 


143.6 


25.5 


10.2 


3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


2 


7.2 


6.4 


14.9 


-4.7 


230.9 


May 


195.5 


36.3 


16.0 


6 


7.6 


8.8 


18.8 


6.5 


290.2 


June 


188.3 


37.1 


13.4 


4 


9.7 


10.1 


15.2 


8.3 


282.4 


|uly C6) 


170.6 


32.7 


12.6 


.3 


9.1 


9.8 


18.2 


6.1 


259.5 


Aug.'" 


175.3 


34.2 














268.9 



* Commencing April 1. 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire. India. Pakistan. Burma. Australia. New Zealand, Iceland 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece. Turkey, and British Sudan. 

(5) Includes Egypt. Spain. Palestine, and also Newfoundland until March i\ 
1949. 

(6) Preliminary. (7) Estimates. 



SEPTEMBER 1950 



154 



XIII— U.S.A STATISTICS 

Federal Reserve Board or Department of Commerce Statistics unless otherwise stated. 



MILLIONS Of PERSONS 



MILLIONS Or PERSON 



POINTS IN TOTAL INDEX 



POINTS IN TOTAL INDC* 




MILLIONS Or DOLLARS 



MILLIONS OF DOLLARS 



BILLIONS OT DOLLARS 



Billions or dollars 



2600 



1800 




1000 



JSOMJSOMJ SOMJ SO 

l«7 I9d6 1949 1950 



BILLIONS OF DOLLARS 



BILUONS or DOj I MS 



JJERS0NAL b DISP0SABLE INCOME 
personal disposable income 




^ATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 155 - 156 

Chartered Banks: Current Loans to the Public in Canada . . . 155 

Total Active Note Circulation 156 

II Chartered Banks: 

Liabilities and Assets 157 - 158 

III General Public Holdings of Certain Liquid Assets: 

Currency, Bank Deposits and Government of Canada Securities . . . 157 - 158 

Resident and Non-Resident Holdings: Approximate Divisions . . 159 

IV Security Prices: 

Government Securities: Canada, U.K. and U.S. A 159 

Government Securities Payable in Canada only 160 

V Canadian Gold Statistics 160 

VI Bond Issues and Retirements 161 

VII Business Activity 162 

Personal Expenditure on Certain Goods and Services .... 162 
VIII Corporate Financial Statistics for 643 Companies: 

Total 643 Companies: Summary Statement 163 

Source and Use of Funds 163 

Year-end Balance Sheet 163 

Net Income to Stockholders 164 

By Asset Groups: 1. Assets over $25 mm 165 

2. Assets $5 mm to $25 mm 166 

3. Assets $1 mm. to $5 mm 167 

4. Assets under $1 mm 168 

IX Gross National Product and Expenditure 169 

X Personal Income and Disposition of Personal Income 170 

Personal Income and Expenditure 170 

XI Personal Income: Provincial Distribution 171 

Personal Income: Provincial Distribution 171 

XII Wholesale Prices 172 

XIII Cost of Living 172 

XIV Merchandise Exports: Commodity Classification 173 - 174 

XV Exports and Imports by Countries ... 175 

Merchandise Trade: Exports, Imports and Balance .... 176 

TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 

OCTOBER 1950 



155 



OCTOBER 1950 



Millions of Dollars 
















] 


[— B/| 










LIABILITIES 






1 




Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits'" 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Toil 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liabi ii 



Ass s 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


29U 


1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


37 2 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


4415 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


I,48t9 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,84:7 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,8916 


1947 


152.8 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,91c 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,97 1 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,lCil 


1949— Apr. 


161.7 


587.3 


749.0 


115.1 


80.8 


66.1 


1,103.0 


26.9 


2,1411 


May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2,09.2 


June 


154.8 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,1311 


July 


172.8 


566.9 


739.7 


94.3 


73.8 


57.9 


1,098.2 


32.7 


2,09.6 


Aug. 


198.8 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2.11.4 


Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2,21L1 


1950— Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,lfiJ 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2, is.: 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,2C.c 


July 


200.3 


552.7 


753.0 


19.6 


228.9 


94.6 


1,093.9 


34.4 


2,2211 


Aug. 


220.2 


568.2 


7883 


16.7 


233.1 


106.2 


1,083.6 


36.9 


2,26.( 


Sept. 


179.3 


555.8 


735.1 


22.0 


258.2 


89.6 


1,139.1 


38.6 


2,2U 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. Ik-May 19 ■ 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the IB 



CHARTERED BANKS : CURRENT LOANS TO THE PUBLIC IN CANADA 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



2400 



2300 



2200 



2400 



2300 




OCTOBER 1950 



156 



F CANADA 



Millions of Dollars 



ASSETS 














Securities 
















Foreign'" 
Exchange 














All 




Gold 


Silver 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 


Other 

Accounts 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


.51.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


82.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


10.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 










- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


. - 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 

End of 


- 


- 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


- 


27.8 


Apr.— 1949 


_ 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


- 


27.4 


May 


- 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 


- 


- 


52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


- 


15.0 


July 


- 


. - 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug. 


- 


- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept. 


- 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr— 1950 


- 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May 


- 


- 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


- 


28.2 


June 


- 


- 


89.2 


1,431.0 


638.7 


25.0 


5.5 


2,100.2 


- 


35.1 


July 


- 


- 


161.5 


1,420.4 


569.2 


25.0 


60.3 


2,074.9 


- 


28.5 


Aug. 


• — 


— 


212.3 


1,406.1 


444.6 


25.0 


170.0 


2,045.6 


— 


24.7 


Sept. 



quent figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
inge Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



TOTAL ACTIVE NOTE CIRCULATION 5 



MILLIONS OF DOLLARS 



1125 



MILLIONS OF DOLLARS 

1125 



1100 



1075 




1050 



1025 



1075 



1050 



1025 



DEC JAN. FEB MAR 

* See note (5) table II on page 157. 



JUNE 



157 



OCTOBER 1950 



Millions of Dollars 



II— CHAF 

Bai 





LIABILITIES 






Notes 


Deposits 


Cash 
in (j) 




Securities 










Govt, of 


Canadian 




Total 


Govt, of 


Canada 


Foreign 
Govt. 








Demand 


Notice 


Canada 


Deposits 


Foreign 


Deposits 

(2) 




and Provincial 


Ot 










and Prov. 






Under2yrs. 


Over 2 yrs. 




Average of 


























Month-end figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


2 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


4 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


5 


1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


5' 


1949-Apr. 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 


5 


May 


15 


2,284 


4.339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 


5i 


June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 


5' 


July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 


5 


Aug. 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


5 


Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


5 


1950-Apr. 


- 


2,330 


4,560 


411 


7,382 


737 


8,226 


717 


956 


2,640 


235 


5 


May 


- 


2,453 


4,557 


407 


7,504 


758 


8,372 


745 


940 


2,655 


243 


5 


June 


- 


2,538 


4,538 


371 


7,552 


745 


8,409 


699 


734 


2,729 


238 


5 


July 


- 


2,493 


4,529 


265 


7,389 


742 


8,233 


753 


734 


2,702 


225 


5 


Aug. 


- 


2,618 


4,543 


412 


7,672 


728 


8,522 


788 


961 


2,713 


215 


5 


Sept. 


— 


2,709 


4,582 


306 


7,659 


709 


8,569 


735 


942 


2,669 


230 


5 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Canat 

month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered 
uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 



Millions of Dollars 



III— GENERAL PUBLIC HOLDIt 
Currency, Bank deposits 





Currency and active Bank Deposits 






Currency 
Outside Banks 


Active Bank Deposits 


Tol 

Curr.c 
an 




Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 






Notes <•> 


Coin") 


Total 


Demand 


Active (4) 
Notice 


Other < 6 > 

excl. 

Govt. 

of Canada 


Total 


Deduct^ 
Float 


Net 
Total 


Total 


Acte 

Ba; 

Depc t 


As at Dec. 31 


























1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,9i 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,91 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,35 


1949 

Month-end 

1949-Apr. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3.23S 


4,4.' 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4,2: 


May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


65 


3,000 


4,1 i 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2,912 


74 


2,986 


4,1' 


July 


1,113 


71 


1,184 


2,188 


671 


291 


3,150 


235 


2,915 


74 


2.9S9 


4,n 


Aug. 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


2,971 


62 


3,033 


4,13 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3,094 


64 


3.! 


4,3) 


1950-Apr. 


1,104 


74 


1,178 


2,330 


704 


351 


3.3S5 


280 


3,105 


200 


3,305 


4.41 


May 


1,065 


73 


1,138 


2,453 


702 


348 


3,503 


365 


3,138 


203 


3,341 


4,4) 


June 


1,121 


75 


1,196 


2,538 


699 


351 


3.5SS 


475 


3,113 


216 


3,329 


4.5S 


July 


1,094 


75 


1,169 


2,493 


695 


318 


3,506 


355 


3,151 


229 


3,380 


4,5) 


Aug. 


1,084 


75 


1,159 


2,618 


696 


323 


3,637 


351 


3,286 


233 


3,519 


4.6* 


Sept. 


1,139 


77 


1,216 


2,709 


699 


389 


3,707 


352 


3,445 


258 


3,703 


4.S! 



"^ The term General I'ublic refers to holdings of non-residents as well as (2) 
residents; fur an approximate division between resident and non-resident 

holdings see Table III, page 159. (3) 

f Chartered banks' Newfoundland branch statistics are included as from (4) 

April 1st, 1949. 
■kit The whole of the increase or decrease in Canada's foi Dge reserves 

is embodied in the related factors in this table; to the extent that such (5) 

changes do not appear in the column "Bank of Canada Gold and Exchange 

Holdings (net)" they affect changes in "Government of Canada Direct (6) 

and Guaranteed Funded Debt". 
(1) Note Circulation of Bank of Canada and chartered banks, excluding notes (7) 

held by chartered banks. 



Subsidiary coin issued by the Mint less coin held by Bank of Canada and 
chartered hanks in Canada. 

red banks public demand deposits in Canada. 
Chartered banks public notice deposits in Canada other than estimated 

Lte quarterly minimum balances in personal savings accounts and 
non-personal notice deposits. 
Chartered banks' Canadian dollar deposits of provincial governments, 
and of Canadian. United Kingdom, and foreign banks. 
Cheques on Other banks as shown in chartered bank month-end rctu: 
to the Minister ot finance. 

Other Deposits with the Bank of Canada as shown in published month-e 
statements — i.e. excluding Government of Canada, chartered bank a 
foreign currency deposits. 



:/5„ 



OCTOBER 1950 



158 



;d banks 

nada 



— 1 

ASSETS 




Loans 


Total 

Assets 


r 


CANADA 


ABROAD 


fotal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


499 


267 


1,343 


112 


301 


248 


3,528 


696 


117 


1,032 


165 


84 


172 


2,869 


,426 


107 


732 


117 


68 


165 


3,317 


[,108 


104 


1,693 


54 


76 


198 


7,811 


1,120 


81 


1,923 


75 


74 


234 


8,140 


,370 


97 


2,112 


105 


83 


220 


8,658 


,267 


90 


2,093 


106 


85 


213 


8,452 


,342 


74 


2,085 


117 


78 


215 


8,604 


,396 


72 


2,085 


110 


94 


215 


8,668 


,460 


77 


2,082 


105 


90 


212 


8,570 


,527 


78 


2,060 


114 


84 


205 


8,734 


,463 


103 


2,184 


120 


97 


214 


8,979 


,398 


103 


2,226 


123 


98 


212 


8,770 


,408 


105 


2,234 


118 


87 


214 


8,912 


,276 


145 


2,293 


115 


90 


222 


8,950 


,240 


94 


2,287 


98 


95 


223 


8,796 


,478 


99 


2,294 


98 


95 


220 


9,102 


,436 


101 


2,352 


121 


110 


233 


9,162 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note ( 5 ) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


706 


7,064 


10.0 


1,094 


Apr.-1949 


765 


7,090 


10.8 


1,083 


May 


769 


7,138 


10.8 


1,084 


June 


755 


7,255 


10.4 


1,088 


July 


762 


7,256 


10.5 


1,081 


Aug. 


771 


7,312 


10.5 


1,100 


Sept. 


748 


7,417 


10.1 


1,078 


Apr- 1950 


742 


7,394 


10.0 


1,070 


May 


724 


7,419 


9.8 


1,071 


June 


755 


7,433 


10.1 


1,084 


July 


781 


7,369 


10.6 


1,082 


Aug. 


734 


7,557 


9.7 


1,096 


Sept. 



jn Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

circulation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



F CERTAIN LIQUID ASSETS*! 

|/ERNMENT OF CANADA SECURITIES 

\ada 



Millions of Dollars 





Govt, of 
Canada 


Total 


RELATED FACTORS** 




ictive 
rtered 
ank 


Govt, of Canada Direct and Guaranteed Funded Debt (9) 


Bank' 13 ) 
Loans 

& Non 


Bk.ofCan 
Gold and 


Deduct 
All 




Held by Bk. of Can. & Ch. Bks. 


Held by Other Investors 


















)tice 


Securities 






Deduct"" 






Deduct 






Exchange 


Other 




wsits 


(9)(10)(12) 




Total 

(10) 


Govt, of 
Canada 
Deps. 


Net 
Total 


Total 


Securities 
held by all 
Govt. Accts. 


Net 
Total 


Invest- 
ments 


Holdings 
(Net) 


(Net) 

(H) 




























As at Dec. 31 


,856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


- 


300 


1946 


,143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


- 


254 


1947 


,408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


- 


250 


1948 


,751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


- 


186 


1949 


,667 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


- 


160 


Apr.-1949 


,667 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


- 


173 


May 


,660 


9,880 


17,727 


5,200 


433 


4,767 


10,954 


1,074 


9,880 


3,265 


- 


185 


June 


,669 


9,863 


17,705 


5,241 


494 


4,747 


10,895 


1,032 


9,863 


3,270 


- 


175 


July 


,697 


9,893 


17,778 


5,310 


526 


4,784 


10,882 


989 


9,893 


3,256 


- 


155 


Aug. 


,730 


9,977 


18,076 


5,295 


493 


4,802 


10,941 


964 


9,977 


3,400 


- 


103 


Sept. 


,857 


9,767 


18,107 


5,224 


182 


5,042 


10,546 


779 


9,767 


3,455 


- 


157 


Apr.-1950 


,855 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


- 


155 


May 


,839 


9,869 


18,233 


5,116 


160 


4,956 


10,665 


796 


9,869 


3,559 


- 


151 


June 


,834 


9,812 


18,195 


5,087 


68 


5,019 


10,624 


812 


9,812 


3,502 


- 


138 


July 


,848 


9,833 


18.359 


5,248 


204 


5,044 


10,639 


806 


9,833 


3,521 


116 


155 


Aug. 


,883 


10,013 


18,815 


5,039 


1 


5,038 


10,828} 


815 


10,013} 


3,618 


293 


147 


Sept. 



(8) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits in 
Canada. 

(9) Direct and guaranteed securities (including refundable taxes). For direct 
debt includes both matured and unmatured issues outstanding, exclusive 
of sinking fund holdings; guaranteed debt is included on the basis of the 
total unmatured issues outstanding; Newfoundland debt assumed by 
the Government of Canada has been included since June 1949. Foreign- 
pay securities have been valued at official mid-rates of exchange. 

(10) Chartered banks' temporary advances to the general public in connection 
with the purchase of Victory Loan Bonds at lime of issue, amounting to 
166, 261, 271, and 411 in the years 1942 to 1945 inclusive, have been 



included in bank holdings of Government securities and deducted from 
holdings of the general public. 

Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 
(13) All loans in Canada of the chartered banks other than temporary advances 
in connection with Victory Loan issues, plus chartered banks' holdings 
of provincial, municipal and "other" securities, and Bank of Canada 
holdings of Industrial Development Bank Capital stock. 
Net of all related asset and liability items not shown elsewhere in this table. 
Excludes $50 million (U.S. funds) borrowed in New York to redeem an 
issue falling due on October 1st. 



(ID 
(12) 



(14) 
t 



159 



OCTOBER 1950 



Millions of Dollars 



III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETSt 
resident and Non-Resident Holdings : Approximate Division 

Bank of Canada 





Total Currency 


Inactive Chartered 
















and Active 
Bank Deposits 


Bank Notice 
Deposits 


I iOh'i Milium oi 

Canada Securities 




Total 








Non- 






Non- 






Non- 






Non- 






Resi- 


Resi- 


Total 


Resi- 


Resi- 


Total 


Resi- 


Resi- 


Total 


Resi- 


Resi- 


Total 




dent 


dent 




dent 


dent 




dent 


dent 




dent 


dent 




As at December 31 


























1938 


1,047 


84 


1,131 


1,352 


120 


1,472 


1,817 


1,411 


3,228 


4,216 


1,615 


5,831 


1939 


1,216 


154 


1,370 


1,435 


109 


1,544 


1,881 


1,398 


3,279 


4,532 


1,661 


6,193 


1940 


1,484 


79 


1,563 


1,350 


88 


1,438 


2,394 


1,276 


3,670 


5,228 


1,443 


6,671 


1941 


1,829 


72 


1,901 


1,345 


88 


1,433 


3,053 


1,109 


4,162 


6,227 


1,269 


7,496 


1942 


2,266 


83 


2,349 


1 ,346 


90 


1,436 


4,349 


995 


5,344 


7,961 


1,168 


9,129 


1943 


2,632 


94 


2,726 


1,542 


112 


1,654 


6,181 


1,003 


7,184 


10,355 


1,209 


11,564 


1944 


3,039 


114 


3,153 


1,939 


121 


2,060 


8,096 


1,035 


9,131 


13,074 


1,270 


14,344 


1945 


3,373 


141 


3,514 


2,255 


136 


2,391 


10,166 


1,144 


11,310 


15,794 


1,421 


17,215 


1946 


3,768 


228 


3,996 


2,701 


155 


2,856 


10,084 


1,091 


11,175 


16,553 


1,474 


18,027 


1947 


3,742 


202 


3,944 


2,994 


149 


3,143 


9,710 


1 ,053 


10,763 


16,446 


1,404 


17,850 


1948 


4,131 


204 


4,335 


3,277 


131 


3,408 


9,091 


1,158 


10,249 


16,499 


1,493 


17,992 


1949 


4,181 


241 


4,422 


3,621 


130 


3,751 


8,672 


1,232 


9,904 


16,474 


1,603 


18,077 


Month-end 


























1950— June* 


4,188 


337 


4,525 


3,703 


136 


3,839 


8,663 


1,206 


9,869 


16,554 


1,679 


18,233 


Sept.* 


4,456 


463 


4,919 


3,747 


136 


3,883 


8,617 


1 ,396 


10,013 


16,820 


1,995 


18,815 



t For footnotes see also Table III, pages 157-8. * Preliminary. 



IV— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Month Treasury Bills 






Average of E 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada 1 " 


U. 


K.«» 


U.S.A."' 
























U K 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 








Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


All 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 

1949— July 


101.12 


2.89 


99.40 


3.04 


103.77 


2.19 


.511 


.523 


.923 


Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1 .056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.S8 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95. S4 


3.29 


104.S0 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


May 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


July 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


1.168 


Aug. 


102.41 


2.75 


97.10 


3.21 


102.69 


2.26 


.546 


.513 


1.173 


Sept. 


102.88 


2.70 


9S.11 


3.14 


102.41 


2.29 


.615 


.514 


1.311 


Oct. 


102.16 


2.77 


99.29 


3.05 


102.16 


2.31 


.623 


.514 


1.337 



(l) Government of Canada 3% due Sept. 1, 1961-66. (2) United Kingdom 3% due Apr. 15. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treasury 2V4% due Dec. 15. 



OCTOBER 1950 



160 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.92 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Oct. 


102.40 


2.82 


2.71 


2.59 


2.17 


1.63 


Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 


Aug. 


102.05 


2.84 


2.75 


2.64 


2.15 


1.74 


Sept. 


102.41 


2.81 


2.71 


2.62 


2.17 


1.76 


Oct. 


101.82 


2.86 


2.75 


2.68 


2.22 


1.83 



Thousands of Fine Ounces 



-CANADIAN GOLD STATISTICS 

Bank of Canada 





SOURCES 


DISPOSITION 








Net Release 






Net Increase 








New 
Gold") 
Production 


Physical' 2 ' 
Imports 


from Gold 

held in 
Safekeeping 
for Non- 
residents 


Total 

Gold 

Available 


Physical") 
Exports 


in Gold 
held in 
Safekeeping 
for Non- 
residents 


Net Increase 
or Decrease 
in Official 
Holdings") 


Total 

Disposition 

of Gold 


Calendar Years 


















1939 


5,096 


17,681 


- 


22,777 


11,104 


10,700 


973 


22,777 


1940 


5,290 


73,468 


- 


78,758 


55,987 


25,114 


2,343 


78,758 


1941 


5,313 


1,389 


4,960 


11,662 


11,680 


- 


18 


11,662 


1942 


4,809 


- 


1,567 


6,376 


5,825 


- 


551 


6,376 


1943 


3,703 


- 


157 


3,860 


1,868 


- 


1,992 


3,860 


1944 


2,862 


214 


231 


3,307 


1,311 


— 


1,996 


3,307 


1945 


2,503 


_ 


695 


3,198 


1,505 


— 


1,693 


3,198 


1946 


2,600 


5 


12,482 


15,087 


9,834 


- 


5,253 


15,087 


1947 


2,851 


2 


5,516 


8,369 


15,524 


- 


7,155 


8,369 


1948 


3,423 


2,384 


- 


5,807 


2,505 


11 


3,291 


5,807 


1949 


3,866 


11 


530 


4,407 


1,967 


- 


2,440 


4,407 


Quarters 


















1950- I 


1,070 


- 


- 


1,070 


218 


396 


456 


1,070 


II 


1,097 


18* 


- 


1,115* 


367 


542* 


206 


1,115* 


Illf 


1,024 


4,390 




5,414 


344 


4,115 


955 


5,414 



(1) Newly mined gold sold by the Mint (excl. small sales for industrial purposes) plus exports of raw gold or concentrates direct from the mines for refining 
abroad. This series coincides with net non-monetary gold exports published monthly since 1939. 

(2) Excluding small amounts of unmanufactured gold, scrap and manufactured forms which are shown under various headings in the import returns. 

(3) Excluding the gold content of exports of jewellers' sweepings and precious metals scrap which are shown in the export returns. 

(4) Holdings of the Exchange Fund Account and Bank of Canada. * Revised. t Preliminary. 



161 

VI— BOND ISSUES AND RETIREMENTS ' 

Par Values in Millions of Canadian Dollars* Bank °f Canada 



OCTOBER 1950 





I-Govt. of Canada Direct & 
Guaranteed and Other C.N.R. 




II-Provincial Direct and Guaranteed 




New Issues 


Retirements 


Net New 

Issues or 

Retirements 


New Issues 


Retirements 


Net New 
Issues or 




New 


Refunding 


Refunded 


Other 


Retirements 


Calendar Years 

1947 
1948 
1949 

Nine Months 

1947 
1948 
1949 
1950 

Quarters 

1950—1 

II 

III 


371.4 

1,424.8 

820.7 

98.4 

663.3 

225.9 

1,219.1 

398.4 
753.0 

67.7 


641.5 
1,634.8 
1,236.7 

495.6 

885.7 

196.8 

1,347.5 

447.1 

804.3 

96.2 


270.1 
210.0 
416.1 

397.2 

222.4 

29.1 

128.4 

48.7 
51.3 
28.4 


150.1 <2) 

240.2 

406.7 

111.6 
127.9 
264.5 
235.9 

70.4 

114.3 

51.3 


125.2 

103.8 

53.9 

74.4 

56.6 

53.9 

128.6 

104.3 

1.6 

22.7 


125.2 
84.7 
73.4 

92.0 

48.8 

43.5 

128.2 

29.5 

91.0 

7.7 


85.1 
81.2 
63.9 

60.9 
48.8 
53.4 
67.3 

23.7 
31.7 
12.0 


65.0 (,) 
178.1 
323.3 

33.1 

86.9 
221.5 
169.0 

121.4 

6.8 
54.3 





III-Corporations 




New Issues 


Retirements 


Net New 










Issues or 
Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 












1947 


266.8 


203.5 


197.7 


151.8 


120.7 


1948 


274.1 


20.1 


25.8 


63.6 


204.8 


1949 


248.2 


41.8 


41.8 


79.7 


168.4 


Nine Months 












1947 


141.3 


188.1 


191.4 


137.3 


.7 


1948 


202.8 


14.6 


22.4 


50.1 


145.0 


1949 


181.8 


10.7 


10.7 


62.2 


119.6 


1950 


273.7 


29.0 


27.2 


55.9 


219.7 


Quarters 












1950—1 


120.2 


13.8 


.9 


23.8 


109.4 


II 


110.0 


3.2 


16.8 


14.9 


81.5 


III 


43.4 


12.0 


9.5 


17.2 


28.8 




IV Govt.ofCanadaTreasuryBills. 
Deposit Certificates and Short- 
Term Notes Sold Directly to Bank 
of Canada and Chartered Banks 


Net New 

Issues or 

Retirements 


Total 

Outstanding 

at End of Period 


346 
100 
100 


1,200 
1,300 
1,200 


226 
100 
100 
300 


1,320 
1,300 
1,200 
1,500 


100 
200 


1,300 
1,300 
1,500 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT (,) 

GOVERNMENT OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED. OTHER C.N.R. 

.,-.„. tr .. _, ,, * AND CORPORATION BONDS 

Par Values in Millions of Canadian Dollars 





NEW ISSUES were payable In: 




RETIREMENTS tvere payable in: 


Net Increase or 
Net Decrease 


















In Bonds Outstand- 




















Canada. 






ing Payable: 




Canada 
only 


NewYork 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


New York 
& London 


London 


Total 


In Canada 
only 


Abroad 


Calendar Years 




























1947 


1,106.0 


5.5 


5.0 


.4 


1,116.9 


938.5 


66.5 


60.6 


104. S 


30.9 


1,201.3 


167.6 


251.9 


1948 


1,772.7 


290.0 


- 


.3 


2,063.0 


1,698.9 


161.2 


19.0 


5.3 


5.6 


1,890.1 


73.8 


99.1 


1949 


1,471.2 


100.0 


- 


- 


1,571.2 


1,377.1 


8.9 


10.9 


90.6 


8.1 


1,495.5 


94.1 


18.4 


Nine Months 




























1947 


603.0 


5.5 


5.0 


.3 


613.8 


729.2 


59.0 


56.8 


103.2 


29.0 


977.2 


126.2 


237.2 


1948 


775.1 


290.0 


- 


.2 


1,065.3 


876.3 


158.6 


13.9 


3.7 


3.2 


1,055.8 


101.3 


110.7 


1949 


636.8 


100.0 


- 


- 


736.8 


339.3 


6.0 


9.7 


4.2 


7.3 


366.7 


297.5 


72.7 


1950 


1,669.5 


216.9 


- 


- 


1,886.3 


1,482.2 


13.0 


78.0 


43.9 


9.0 


1,626.1 


187.2 


73.0 


Quarters 




























1950—1 


605.1 


101.9 


- 


- 


707.1 


483.2 


1.3 


17.6 


20.6 


2.2 


525.0 


122.0 


60.1 


II 


946.2 


35.8 


- 


- 


982.1 


868.6 


3.7 


57.3 


23.2 


5.9 


958.6 


77.6 


54.2 


III 


118.1 


79.1 


— 


— 


197.2 


130.5 


8.1 


3.1 


.1 


.8 


142.5 


12.4 


67.0 



* Issues payable in foreign currency are included on the basis of the official rates of the Foreign Exchange Control Board. 

(1) Subject to revision. Provincial Treasury Bills are excluded. Govt, of Canada Treasury Bills. Deposit Certificates and short-term notes sold directly to 
Bunk of Canada and the chartered banks are not included in Heading I but are shown separately in Holding IV. Because of lack of sufficient data no 
tabulation in respect of municipalities and religious institutions was possible. However, before the transfer to the Quebec Municipal Commission of certain 
school debt, the estimated net increase in total municipal debt less sinking funds (in millions of dollars), for the years 1*H7. 1048 and 1 •)■»<) was 31. 71 and 89. 

(2) Before giving effect to the issue of SI 12.2 million of Quebec Hydro debentures in connection with retirement of Montreal Light. Heat & Power stock and of 
$63.2 million of Quebec Municipal Commission bonds re transfer of the debt of certain school corporations. 



1 I MM 



OCTOBER 1950 



162 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 

Con- 
struction 
Contracts 
Awarded 


Car 
Loadings 


Value 

of 

Department 

Store Sales 


Employ- 
ment 
Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 


Aggregate 
Payrolls 




Goldt 


Nickel 


Steel 


News- 
Print 
(i) 


Central 
Electric 
Stations* 2 ' 


Index 

<3) 

Unadjusted 

June 1, 
1941 = 100 




Thousands 
Fine Ounces 


Thousands 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs 


Millions 
of Dollars 


Thousands 


Millions 
of Dollars 


Annual Totals* 41 

1932 


3,044 


15 


380 


2,186 


12,296 


29 


2,180 


254 


57.2 


. . 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,124 


129 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 

Sept. 1950 


4,412* 


120* 


3,292 


5,222 


44,528 


519 


3,860 


862 


128.8 


221.3 


1949— Apr. 


327.8 


11.1 


270.0 


442.4 


3,517 


36.4 


309 


75.0 


122.9 


206.5 


May 


333.1 


11.3 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


June 


344.3 


10.7 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


327.2 


9.7 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.6 


217.6 


Aug. 


359.9 


10.0 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


Sept. 


343.6 


9.6 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


1950— Apr. 


369.7 


11.2 


279.3 


422.8 


3,648 


43.0 


292 


67.4 


123.1 


214.2 


May 


373.8 


11.0 


290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 


June 


368.9 


10.8 


276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.6 


222.6 


July 


368.4 


9.3 


264.2 


439.3 


3,707 


74.2 


332 


55.3 


132.5 


232.1 


Aug. 


376.4 


7.7 


281.3 


466.4 


3,841 


48.5 


275 


60.8 


133.9 


235.7 


Sept. 






274.9 


437.6 


3,843 


56.3 


363 


78.3 


134.9 


231.7 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Aug. 1950. t 1949 figures revised. 



PERSONAL EXPENDITURE ON 

AS DOLLAR TOTALS 

MILLIONS OF DOLLARS 



CERTAIN GOODS AND SERVICES 



AS PERCENTAGE OF DISPOSABLE INCOME 

PERCENT 



3000 




1 938 39 40 41 42 43 44 45 46 47 48 49 

(1) Rents, imputed rents on owner-occupied houses, electricity, gas, domestic service. 




RENT*" CLOTHING TOBACCO AUTOS', 2 ' FURNITURE FUEL 

CLEC.GAS, t ALCOH. ACCESS., 1 APPLI- 

ETC. BEV ETC. ANCES 

(2) Includes gasoline and lubricants. 



163 



Millions of Dollars 



OCTOBER 1950 i\ 

VIII— FINANCIAL STATISTIC 
PROFIT STATISTICS : SUMMARY STATEMENT 1 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Depreciation' 2 * 


464 

114 

43 

43 

350 
71 

279 

219 

60 


586 

136 

39 

44 

445 
170 

275 

219 

56 


723 

164 

42 

43 

558 
262 

296 

220 

76 


787 

185 

36 

42 

596 
299 

297 

203 

94 


748 

179 

38 

41 

566 

288 

278 

193 

85 


683 

153 

39 

39 

530 
264 

266 

191 

75 


670 

144 

41 

38 

529 
261 

268 

187 

81 


736 

145 
46 
36 

601 
272 

329 

240 

89 


910 

164 

49 

32 

763 
320 

443 

284 

159 


1,059 

192 

54 

37 

884 
309 

575 

312 

263 


1,080 
234 


Investment and Other Non-Operating Income (Net) . . 
Bond Interest (incl.Exchange&Amortizationof Discount) 

Net Profit before Income & E. P. Tax Provision"' 

Income & E. P. Tax Provision (ex. Refundable Portion) 

Net Income to Stockholders* 1 ' 


58 
41 

863 
314 

549 


Net Income Paid Out in Cash Dividends 


340 


Undistributed Income' 1 ' 


209 







SOURCE AND USE OF FUNDS' 3 ' 



Net Source of Funds 

Net Income to Stockholders 

Cash Dividends 

Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges Against Current Income' 2 " 4 ' 

Total Funds From Current Income 

Issue of Common Stock 

Total Net Sources of Funds 

Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock.. . . 

Increase in Misc. Assets (less Misc. Liabilities)' 5 ' 

Sub-Total 

Increase in Working Capital ex. Inventories 

Total Net uses of Funds 



279 


275 


296 


297 


278 


266 


268 


329 


443 


575 


219 


219 


220 


203 


193 


191 


187 


240 


284 


312 


60 


56 


76 


94 


85 


75 


81 


89 


159 


263 


104 


125 


154 


175 


170 


144 


135 


137 


154 


182 


13 


11 


14 


12 


10 


11 


10 


10 


10 


12 


177 


192 


244 


281 


265 


230 


226 


236 


323 


457 


8 


9 


6 


4 


4 


6 


19 


58 


47 


25 


185 


201 


250 


285 


269 


236 


245 


294 


370 


482 


95 


116 


148 


121 


78 


96 


149 


274 


400 


473 


48 


113 


128 


17 


46 


38 


11 


149 


301 


174 


21 


4 


1 


6 


7 


2 


7 


34 


7 


8 


- 


- 


- 


19 


33 


27 


25 


2 


- 


13 


16 


21 


24 


25 


13 


19 


12 


7 


146 


162 


4 


2 


2 


- 


5 


- 


11 


17 


55 


25 


8 


11 


14 


16 


2 


20 


37 


21 


15 


9 


184 


237 


287 


160 


166 


126 


206 


462 


492 


430 


1 


36 


37 


125 


103 


110 


39 


168 


122 


52 


185 


201 


250 


285 


269 


236 


245 


294 


370 


482 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 " 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Goodwill, Franchises, etc 

Miscellaneous Assets'" 

Miscellaneous Liabilities' 10 ' 

Total 

Capital and Surplus 

Funded Debt' 11 ' 

Loans from Parent and Other Companies (Net) . . . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 12 ' 

Total 



249 


278 


333 


326 


333 


373 


363 


361 


370 


411 


170 


188 


220 


345 


475 


533 


572 


435 


406 


389 


274 


338 


411 


428 


396 


374 


356 


399 


502 


590 


560 


673 


801 


818 


864 


826 


815 


964 


1,265 


1,440 


1,253 


1,477 


1,765 


1,917 


2,068 


2,106 


2,106 


2,159 


2,543 


2,830 


153 


200 


268 


305 


305 


314 


314 


352 


438 


474 


80 


85 


124 


128 


143 


115 


80 


97 


147 


130 


82 


181 


275 


237 


227 


204 


194 


190 


235 


237 


33 


32 


33 


32 


28 


30 


33 


38 


54 


64 


905 


979 


1,065 


1,215 


1,365 


1,443 


1,485 


1,482 


1,669 


1,925 


- 


- 


- 


19 


52 


79 


97 


95 


91 


72 


2,284 


2,266 


2,255 


2,196 


2,102 


2,041 


2,061 


2,198 


2.440 


2,739 


304 


299 


293 


284 


276 


276 


284 


318 


333 


335 


116 


113 


111 


109 


108 


108 


109 


108 


106 


104 


79 


75 


75 


72 


69 


68 


87 


88 


105 


108 


51 


64 


75 


88 


92 


80 


63 


79 


100 


112 


3,637 


3,668 


3,724 


3,807 


3,880 


3,935 


4,060 


4,210 


4,644 

961 


5,171 


903 


868 


842 


816 


801 


783 


804 


810 


1,127 


31 


34 


36 


39 


43 


24 


32 


21 


26 


15 


480 


468 


463 


463 


454 


451 


438 


417 


462 




1,407 


1,434 


1,418 


1,423 


1,431 


1,441 


1,460 


1,527 


1,584 


1,614 


816 


864 


965 


1,066 


1,151 


1,236 


1,326 


1 .435 


1,611 


1,961 


3,637 


3,668 


3,724 


3,807 


3,880 


3,935 


4,060 


4,210 


4,644 


5,171 



Note: For footnotes see facing page. 



OCTOBER 1950 
|»R 643 COMPANIES*: 1939-49t 

\nada NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 



164 



Millions of Dollars 



Grain Mill Products 

Food 

Beverage 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Miscellaneous Textiles 

Clothing 

Wood Products, (incl. Logging). . . . 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-Metallic Minerals (ex. Fuels) . 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade & Service 

Retail Trade & Service 

Electric Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 643 Companies 



Number 
of 
Com- 
panies 



7 
45 
15 

3 

12 
7 
23 
13 
28 

19 
23 

23 
12 

45 
49 
27 

38 
18 
22 
16 
9 
30 
11 

62 
32 
19 
6 
16 
13 

643 



1939 



2.1 
13.4 

6.7 
7.1 

.6 

2.4 
7.2 
3.0 
1.5 

1.2 

7.6 
1.9 
1.4 

12.7 
8.6 
6.1 

43.2 

68.6 

5.1 

4.7 

27.3 

12.1 

1.2 

4.3 
6.0 
12.4 
8.1 
1.5 



278.8 



1940 



2.2 

9.8 
5.5 
6.7 

.6 
2.3 
6.5 
2.6 
1.3 

1.1 

15.2 
1.8 
1.2 

12.1 

12.7 

7.0 

40.7 

67.4 

4.7 

4.2 

22.9 

10.8 

1.2 

4.4 
5.6 
12.8 
8.2 
2.1 
1.4 

275.0 



1941 



2.0 

10.5 

6.9 

6.4 

.5 
3.2 
7.0 
3.4 
1.7 

1.2 

16.3 

2.3 

1.2 

13.7 

17.6 

8.7 

36.7 

74.1 

5.2 

4.0 

21.2 

11.3 

1.2 

4.6 
6.7 
13.5 
9.8 
3.7 
1.6 

296.2 



1942 
(13) 



1.9 

11.5 

8.2 

6.6 



4.9 
7.8 
3.5 
2.1 

1.4 

13.0 

2.4 

1.1 

15.0 

21.7 

9.9 

29.1 

73.0 

5.5 

3.6 

19.8 

10.2 

1.4 

5.1 
7.3 
15.4 
9.9 
3.4 
1.5 

297.0 



1943 
(13) 



2.6 
11.5 

7.6 
6.6 

.7 
4.1 
6.4 
3.4 
1.9 

1.3 

12.1 
2.2 
1.2 

15.2 

19.2 

8.6 

22.4 
68.1 
4.3 
3.4 
21.9 
9.1 
1.2 

5.2 
7.7 
15.5 
9.3 
2.6 
2.3 

277.6 



1944 
(13) 



2.6 

12.1 

9.4 

6.5 

1.0 
3.6 
7.9 
3.0 
2.2 

.7 

14.5 

2.3 

1.3 

13.7 

18.0 

9.6 

16.3 
58.5 
3.7 
3.5 
21.9 
9.9 
1.4 

4.8 
9.0 
14.5 
9.5 
2.5 
2.2 

266.1 



1945 

(13) 



2.6 
11.3 
12.3 



.9 
3.9 
7.1 
3.2 
2.3 

1.4 

15.8 

2.3 

1.5 

12.5 

17.1 

7.9 

14.4 

57.1 

5.0 

3.8 

22.6 

10.3 

1.5 

5.5 
9.9 
14.8 
10.2 
2.7 
1.7 

268.4 



1946 

(13) 



3.1 
13.0 
20.8 

7.0 

1.1 

4.6 
7.1 
4.1 
3.6 

2.6 
34.3 

4.1 
1.9 

14.6 

16.1 

7.2 

10.8 

70.4 

6.8 

3.8 

25.4 

12.5 

1.7 

8.0 

15.2 

16.4 

10.3 

1.5 

1.4 



329.4 



1947 

(13) 



3.8 

16.6 

20.7 

6.8 

1.3 

9.7 

10.3 

4.9 
4.1 

5.4 

54.4 

5.9 

1.9 

20.5 
30.6 
13.2 

9.0 
104.6 

8.8 

3.8 
29.5 
15.3 

2.4 

9.2 

16.3 

17.7 

11.7 

3.0 

1.3 

442.7 



1948 



4.6 
21.5 
21.1 

7.7 

1.1 
6.3 
21.1 
6.2 
4.1 

7.2 

77.4 

7.0 

2.1 

31.1 

46.4 
17.1 

11.5 

137.7 

13.4 

6.1 
34.2 
18.6 

2.8 

12.7 
19.1 
17.4 
12.7 
4.3 
2.0 



574.5 



1949 



4.0 
21.6 
18.0 

7.2 



2.8 

14.6 
5.1 
3.2 

5.1 

70.4 

6.6 

2.3 

33.6 
60.3 
21.8 

16.1 

111.4 

14.0 

5.6 
36.6 
21.3 

2.3 

10.7 

19.5 

17.9 

9.5 

5.3 

1.8 

549.4 



THE FOOTNOTES BELOW REFER TO TABLES ON PAGES 163 TO 168 INCLUSIVE 



t 

(l) 



(2) 



(3) 



The tabulation includes all those companies with 1941 assets over $200,000 
for which consistent reports were available from 1935-1949. The accounts 
of certain companies which were available in some or all of these years were 
not comparable throughout the period and had to be excluded. Since many 
of the companies report on a consolidated basis, the number of individual 
companies included in the sample is actually a good deal larger than in- 
dicated. The material is, of course, subject to all the limitations and 
qualifications which apply to the basic accounting statements. 
Figures are available on request for the years 1935-38 inclusive. 
For purposes of comparability, any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special inventory reserves, whether 
shown by the company in operating expenses or as an adjustment to earned 
surplus, have been deducted in arriving at Net Operating Profit. For the 
Total 643 Companies the special inventory reserves amounted to 1.7, 5.7, 
11.1,5.8,2.8,4.2,-1.8,2.8, 14.7, 1.9 and 1.3 in the years 1939-49 respectively. 
Includes deferred development and depletion provision where charged by 
the company. For the Total 643 Companies these amounted to 9.5, 10.1, 
10.0, 9.6, 8.5, 8.6, 8.4, 8.0, 9.1, 10.1 and 8.8 in the years 1939-49 respect- 
ively. 

The Source and Use of Funds Statement is designed to show net cash 
received from all sources and paid out for all purposes; revaluations or 
purely bookkeeping transactions which affect items of the Balance Sheet, 



particularly Plant, Property and Equipment, Preferred and Common 
Stock Outstanding and, in a few instances, Funded Debt, are not reflected 
in the Source and Use of Funds Statement. 
Includes amortization of bond discount. 

Includes adjustments relating to tax accruals and other transactions of 
previous years. 

(6) Special inventory reserves have been deducted. 

(7) Reserves for depreciation and depletion have been deducted. 

Includes current accounts receivable from subsidiaries and fixed invest- 
ment in subsidiaries less current and non-current accounts payable to 
subsidiaries. 

Includes bond discount and other deferred charges, deferred development, 
etc. 

(10) Includes pension fund reserves, insurance reserves and advance payments 
on government contracts. 

(11) Bonds and mortgages outstanding less sinking fund. 

(12) Includes contingent and general reserves, capital surplus and the refund- 
able portion of the Excess Profits Tax. 

(13) Includes the Refundable Portion of the Excess Profits Tax, amounting 
to 19.3, 32.7, 27.4, 26.3, 2.4 and .1 in the years 1942-47 respectively. 



(4) 

(5) 



(8) 



(9) 



165 



Millions of Dollars 



VIII- 



OCTOBER 1950 
-FINANCIAL STATISTICS FOR 643 COMA 



Group 1 : Assets over $25 million : 36 Companies 



SOURCE AND USE OF FUNDS »' 



Bar. i 



Fiscal Year Nearest to Calendar Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 \ 1947 | 1948 | 1949 



PROFIT STATISTICS 


, : SUMMARY STATEMENT 












Depreciation 12 ' 


232 
57 
32 
30 

177 
35 

142 

125 

17 


298 
68 
26 
31 

225 
80 

145 

121 

24 


353 
82 
29 
30 

270 
119 

151 

117 

34 


384 
92 
22 
30 

284 
132 

152 

115 

37 


370 
95 
23 
30 

268 
124 

144 

116 

28 


334 
83 
24 
29 

246 
111 

135 

108 

27 


324 
81 
26 
28 

241 
106 

135 

109 

26 


348 
77 
25 
26 

270 
111 

159 

131 

28 


446 
84 
26 
23 

365 
142 

223 

149 

74 


537 
97 
29 

26 

443 
146 

297 

177 

120 


559 
120 


Investment and Other Non-Operating Income (Net). . 
Bond I nterest (incl . Exchange& Amortizationof Discount] 

Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion' 

Net Income to Stockholders' 1 ' 


28 
29 

438 

153 

285 


Net Income Paid Out in Cash Dividends 


185 


Undistributed Income' 1 ' 


100 







Net Source of Funds 

Net Income to Stockholders 

Cash Dividends 

Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges against Current Income' 2 " 4 ' 

Total Funds From Current Income 

Issue of Common Stock 

Total Net Sources of Funds 

Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock . . 

Increase in Misc. Assets (less Misc. Liabilities)' 5 ' 

Sub-Total 

Increase in Working Capital ex. Inventories 

Total Net Uses of Funds 



142 


145 


125 


121 


17 


24 


51 


61 


9 


9 


77 


94 


2 


6 



79 



100 



151 


152 


117 


115 


34 


37 


75 


85 


9 


9 


118 


131 


2 


1 



120 



132 



144 


135 


116 


108 


28 


27 


88 


76 


8 


8 


124 


111 


1 


1 



125 



112 



135 


159 


109 


131 


26 


28 


74 


72 


8 


6 


108 


106 


2 


26 



110 



132 



223 


297 


149 


177 


74 


120 


79 


91 


6 


7 


159 


218 


34 


12 



193 



230 



48 

8 

23 

8 
3 

4 



59 

44 

4 

11 

1 



70 

49 

6 

14 



68 
3 
6 
7 

11 



41 
8 
5 

10 
1 
1 
1 



49 



8 
15 



62 
3 
2 
7 
5 

15 



9 
79 



109 
9 

100 



118 
2 

120 



73 
59 



53 

72 



67 
45 



84 
26 



132 



125 



112 



110 



134 
60 
17 

13 
4 

17 

211 
79 

132 



221 

147 

1 

81 

47 

8 

231 
38 

193 



278 

102 

24 

5 

115 

12 

9 

215 
15 

230 



YEAR-END 


BALANCE SHEE1 
















Net Working Capital and Other Assets 


ill 

63 

110 

250 

534 
60 
28 
41 
16 

389 

1,377 

218 

60 

43 

42 

2,045 


144 

63 

137 

294 

638 
84 
30 
86 
16 

422 

1,369 

214 

60 

41 

49 

2,057 


187 

78 

161 

343 

769 
112 

43 
128 

16 

470 

1,361 

204 

60 

41 

56 

2,080 


156 
141 
186 
340 

823 
126 

40 
109 

16 

532 

7 

1,339 

197 

60 

36 

52 

2,119 


159 

212 
167 
348 

886 

121 

40 

98 

15 

612 

17 

1,286 

191 

60 

34 

50 
2,150 


184 
234 
155 
349 

922 

120 

33 

92 

17 

660 

24 
1,248 
187 
60 
33 
55 

2,157 


178 
268 
133 
351 

930 

117 

21 

83 

20 

689 

28 
1,234 
189 
60 
43 
49 

2,194 


178 
203 
150 
411 

942 

136 

27 

84 

23 

672 

29 

1,297 

204 
59 
41 

59 
2,243 


202 
199 
192 
559 

1,152 
187 

35 
108 

35 

787 

28 

1,436 

210 
59 
51 
78 

2,493 


221 
178 
240 
661 

1,300 

206 

23 

117 

44 

910 
21 
1,621 
197 
58 
53 
91 

2,769 

796 

51 

219 

S;>2 
953 

2,769 


215 


Marketable Securities 


236 


Current Accounts Receivable 


254 




654 


Total Current Assets 


1,359 
191 

49 
113 

43 

963 








Accrued Interest and Dividends Payable 


Net Working Capital 


Refundable Portion of Excess Profits Tax 


13 


Plant Property and Equipment (Net)'" . „ 


1,782 


Investment in Other Companies (Net)' 8 ' 


! 




57 


Miscellaneous Assets "' 


54 


Miscellaneous Liabilities' 10 ' 


87 
2,985 


Total 






Capital and Surplus 

Funded Debt' 11 ' 


633 
13 
172 
784 
443 

2,045 


622 
12 
172 
789 
462 

2,057 


606 
12 
170 
768 
524 

2,080 


595 
18 
169 
770 
567 

2,119 


596 
21 
169 
771 
593 

2,150 


582 
3 
169 
771 
632 

2,157 


596 
8 
168 
773 
649 

2,194 


593 
13 

163 
S03 
697 

2,243 


679 

10 

210 

837 

777 

2,493 


845 


Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 


35 
225 




899 


Earned Surplus and Surplus Reserves' 12 ' 


1,051 


Total 


2,985 







Note: For footnotes see page 164. 



OCTOBER 1950 



166 



>|ES* CLASSIFIED BY ASSET SIZE : 1939-49 



tnada 



Group 2 : Assets $5 mm. - $25 mm. : 124 Companies 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year 



1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 



SOURCE AND USE OF FUNDS"' 



PROFIT STATISTICS : SUMMARY STATEMENT 














150 

37 

8 

11 

110 
23 

87 

61 

26 


185 
45 
10 
10 

140 
57 

83 

61 


238 

55 

9 

10 

182 
91 

91 

66 

25 


256 
64 
10 
10 

192 
101 

91 

58 

33 


243 

58 

10 

9 

186 
99 

87 

52 

35 


224 

49 

10 

8 

177 
91 

86 

59 

27 


219 

44 
10 
8 

177 
91 


241 
48 
16 

7 

202 
94 

108 

73 

35 


305 
53 

17 
7 

262 
115 

147 

95 

52 


342 

63 

19 

8 

290 
107 

183 

100 

83 


340 
75 


Investment and Other Non-Operating Income (Net). . 
Bondlnterest (inch Exchange&Amortizationof Discount) 

Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


24 
9 

280 
106 


Net Income to Stockholders'" 


86 

56 

30 


174 




109 






Undistributed Income"' 


22 


65 







Net Source of Funds 

Net Income to Stockholders , 

Cash Dividends 

Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges Against Current Income' 2 " 4 ' 

Total Funds From Current Income , 

Issue of Common Stock 

Total Net Sources of Funds 

Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock ;•■.•.•; 

Increase in Misc. Assets (less Misc. Liabilities)' 5 ' .... 

Sub-Total 

Increase in Working Capital ex. Inventories 

Total Net Uses of Funds 



87 
61 



26 
36 

2 

64 
5 



69 



29 

26 

1 

5 

1 



60 
9 



69 



83 
61 



22 
43 

1 



66 
1 



67 



38 

51 

1 



90 
23 

67 



91 


91 


66 


58 


25 


33 


54 


63 


4 


2 


83 


98 


4 


3 



87 



55 
45 
3 



110 
23 



87 



101 



38 
10 

7 
11 

1 
10 



55 

46 



101 



87 


86 


52 


59 


35 


27 


57 


48 


2 


2 


94 


77 


2 


4 



96 



28 

35 

2 

14 

11 

3 

2 



87 
9 



96 



81 



34 

33 
3 

11 
6 
4 

26 



43 
38 



81 



86 
56 



30 
43 

2 



75 
13 



88 



60 
11 
2 
9 
2 
6 
12 



76 
12 

88 



108 
73 

35 

46 

2 

83 
23 

106 



89 
56 
12 

1 

2 

11 

3 

164 
58 

106 



147 
95 

52 

51 

2 

105 



113 



116 

107 

2 

45 
12 
10 

158 
45 

113 



183 
100 


174 
109 


83 

60 

3 


65 

73 

2 


146 
11 


140 
4 


157 


144 



137 

41 

8 

4 

42 

13 

2 

125 
32 

157 



YEAR-END BALANCE SHEET 
















Net Working Capital and Other Assets 


89 

81 

95 

191 

456 
53 
30 
27 
13 

333 

650 

62 

30 

22 

6 

1,091 


83 

90 

117 

242 

532 
68 
32 
60 
11 

361 

642 
61 
29 
20 
11 

1,102 


92 
100 
152 

287 

631 
93 
51 
93 
12 

382 

641 
62 
28 

21 
14 

1,120 


108 
144 
146 
296 

694 

113 

52 

78 

11 

440 
7 

615 
62 
27 
21 
28 

1,144 


105 
179 
139 
332 

755 

114 

69 

78 

9 

485 
21 

588 
60 
26 
20 
32 

1,168 


111 
197 
131 
299 

738 

117 

51 

67 
8 

495 
31 

572 
64 
26 
19 
13 

1,194 


109 

197 
134 
287 

727 

120 

30 

66 

9 

502 
38 

593 

65 

28 

24 

7 

1,243 


110 
156 
143 
343 

752 

134 

32 

64 

11 

511 
36 

632 
76 
29 
26 
11 

1,299 


103 

148 
181 
449 

881 

153 

61 

82 

14 

571 
34 

697 
79 
28 
30 
14 

1,425 


114 
154 
203 
492 

963 

161 

52 

79 

15 

656 
27 

778 
85 
28 
31 
11 

1,594 


143 




151 




202 




486 


Total Current Assets 


982 




150 




58 




74 




13 




687 




17 




838 




111 




28 




34 




12 


Total 


1,703 






Capital and Surplus 

Funded Debt' 11 ' 


223 
11 
218 
396 
243 

1,091 


201 

12 
208 
417 
264 

1,102 


191 
12 

207 
422 
288 

1,120 


180 
9 
207 
426 
322 

1,144 


165 

10 
202 
430 
361 

1,168 


160 
9 
205 
433 
387 

1,194 


163 

11 
196 
446 
427 

1,243 


167 

18 

185 

472 
457 

1,299 


213 

18 
187 
488 
519 

1,425 


255 
20 
198 
501 
620 

1,594 


273 




20 
198 




505 




707 


Total 


1,703 







Note: for footnotes see page 164. 



167 



Millions of Dollars 



Group 3 



OCTOBER 1950 P 

VIII— FINANCIAL STATISTICS FOR 643 COIVfH 

Assets $1 mm. - $5 mm. : 238 Companies B a , 



Fiscal Year Nearest to Calendar Year 



1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 1948 | 1949 



PROFIT STATISTICS : SUMMARY STATEMENT 



Note: for footnotes see page 164. 





71 

17 

2 

2 

54 
11 

43 

29 

14 


88 

20 

2 

2 

68 
28 

40 

33 

7 


110 

23 

3 

2 


119 

24 

3 

2 


109 

22 

3 

2 


101 

17 

3 

2 


103 

16 

4 

2 

89 
50 

39 

20 

19 


117 

18 

5 

2 

102 
52 

50 

29 

21 


122 

22 

5 

2 

103 

47 


138 
27 

5 

2 

114 
43 


142 
32 


Investment and Other Non-Operating Income (Net). . 
Bond I nterest (incl. Exchange&Amortizationof Discount) 


5 

2 


Net Profit before Income & E. P. Tax Provision"' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


88 
43 

45 
33 

12 


96 
52 

44 

27 

17 


88 
50 

38 

22 

16 


85 
48 

37 

20 

17 


113 

43 


Net Income to Stockholders"' 


56 

33 

23 


71 

29 

42 


70 


Net Income Paid Out in Cash Dividends 


37 


Undistributed Income' 1 ' 


33 







SOURCE AND USE OF FUNDS 


(J) 














Net Source of Funds 


43 
29 


40 
33 


45 
33 


44 
27 


38 
22 


37 
20 


39 
20 


50 
29 


56 
33 


71 

29 


70 


Cash Dividends 


37 






Undistributed Profits 


14 
15 

2 


7 

18 

2 


12 

21 

2 


17 

23 

2 


16 

21 

1 


17 

16 

1 


19 

15 

1 


21 

17 

1 


23 

21 

1 


42 

26 

1 


33 




31 


Other Non-cash Charges Against Current Income' 2 " 4 ' 


1 


Total Funds From Current Income 

Issue of Common Stock 


31 
1 


27 
1 


35 


42 


38 

1 


34 
2 


35 

4 


39 
9 


45 
5 


69 
1 


65 
1 






Total Net Sources of Funds 


32 


28 


35 


42 


39 


36 


39 


48 


50 


70 


66 


Net Use of Funds 
Investment in Inventories 


16 

12 

1 

2 
1 
4 


16 

15 

1 

1 

1 

4 


19 

26 

2 

1 
1 


12 
9 

4 
3 

1 
2 


8 
1 

7 
4 

1 


11 
5 

7 

3 
2 


23 
3 
2 

7 
5 

4 
9 


43 
23 
6 
1 
3 
1 
2 


51 

35 

5 

18 
4 
3 


46 
27 
7 
3 
3 
1 
1 


47 
11 


Investment in Other Companies 


5 


Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 


6 
6 


Redemption of Preferred Stock 


3 


Increase in Misc. Assets (less Misc. Liabilities)*" 


4 


Sub-Total 


32 


30 
2 


47 
12 


27 
15 

42 


21 
18 

39 


14 
22 

36 


37 

2 

39 


69 
21 


80 
30 


74 
4 


36 


Increase in Working Capital ex. Inventories 


30 






Total Net Uses of Funds 


32 


28 


35 


48 


50 


70 


66 







YEAR-END 


BALANCE SHEET 














Net Working Capital and Other Assets 


40 
22 
51 
92 

205 
30 
17 
12 

4 

142 

223 

20 

21 

12 

2 

416 


42 
30 
62 

107 

241 
35 
19 

30 

4 

153 

222 

21 

20 

11 

3 

424 


44 

36 

74 

133 

287 

48 

23 

44 

5 

167 

219 

22 

19 
11 
4 

434 


50 

50 

72 

142 

314 

52 

27 

39 

4 

V. 12 

4 

208 

21 

19 

12 

7 

449 


56 

68 

69 

144 

337 
55 
27 
40 

4 

211 
11 

196 
22 
18 
13 
10 

461 


63 

82 

67 

139 

351 
60 

24 
35 

4 

228 
17 

189 
22 
18 
13 
11 

476 


63 

86 

67 

136 

352 

59 

21 

36 

3 

233 
23 

200 

26 

17 

16 

6 

509 


60 

63 

78 

159 

360 

62 

27 

32 

3 

236 

23 

229 

33 

16 

18 
9 

546 


52 

50 

95 

194 

391 

73 

36 

34 

4 

244 
22 

259 
38 

16 

20 

7 

592 


58 

50 

107 

221 

436 

81 

41 

32 

4 

278 

18 

282 

46 
16 

9 
651 


73 


Marketable Securities 


57 


Current Accounts Receivable 


109 




210 


Total Current Assets 


449 




77 




39 




29 
5 


Accrued Interest and Dividends Payable 


Net Working Capital 


299 




12 


Plant, Propcrtv and Equipment (Net)'" 


300 




50 




16 


Miscellaneous Assets'" 


19 


Miscellaneous Liabilities" ' 


8 


Total 


688 






Capital and Surplus 

Funded Debt"" 


44 
1 

77 
187 
107 

416 


43 
5 

74 
188 

111 

424 


■12 
7 

73 
188 
124 

434 


39 
7 

73 
188 
142 

449 


36 
5 

71 
190 
159 

461 


36 
6 

65 
196 
173 

476 


41 
6 

61 
200 
201 

509 


44 
9 

58 
210 
225 

546 


63 

12 

54 

215 

592 


66 

9 

56 

217 
303 

651 


72 


Preferred Stock Outstanding 


9 
53 




217 


Earned Surplus and Surplus Reserves" 2 ' 


337 


Total 


HI 







OCTOBER 1950 
|ES* CLASSIFIED BY ASSET SIZE : 1939-49 

\inada GROUP 4 : ASSETS UNDER 



million : 245 COMPANIEst 



168 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year 



1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 



PROFIT STATISTICS 


, : SUMMARY STATEMENT 














10.8 

2.5 

.8 

.2 

8.9 
1.9 

7.0 

4.3 

2.7 


14.7 

2.9 

.7 

.2 

12.3 
5.7 

6.6 

4.4 

2.2 


21.7 
3.5 

.6 

.2 

18.6 
10.0 

8.6 

4.0 

4.6 


26.4 
3.9 

.7 
.2 

23.0 
13.7 

9.3 

3.7 

5.6 


26.2 

3.8 

.8 

.2 

23.0 
14.2 

8.8 

3.8 

5.0 


25.0 

3.0 

.9 

.2 

22.7 
14.2 

8.5 

3.6 

4.9 


24.5 

3.0 

.9 

.2 

22.2 
13.2 

9.0 

3.5 

5.5 


30.2 

3.3 

.9 

.2 

27.6 
14.4 

13.2 

7.8 

5.4 


36.8 

4.1 

.9 

.2 

33.4 
15.6 

17.8 

7.9 

9.9 


41.8 

5.2 

1.0 

.2 

37.4 
13.8 

23.6 

6.0 

17.6 


39.0 

7 1 


Investment and Other Non-Operating Income (Net). . 
Bond Interest (incl.Exchange&Amortizationof Discount) 

Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 

Net Income to Stockholders* 1 ' 


.9 
.3 

32.5 
12.5 

20.0 




9 2 




10.8 







SOURCE AND USE OF FUNDS"' 














Net Source of Funds 


7.0 
4.3 

2.7 
2.5 

5.2 
.5 

5.7 


6.6 
4.4 

2.2 
2.9 

5.1 

.4 

5.5 


8.6 
4.0 

4.6 
3.5 

8.1 

8.1 


9.3 
3.7 

5.6 
3.9 

9.5 
.3 

9.8 


8.8 
3.8 

5.0 
3.8 

8.8 
.3 

9.1 


8.5 
3.6 

4.9 
3.0 

7.9 
.3 

8.2 


9.0 
3.5 

5.5 
2.9 

8.4 
.4 

8.8 


13.2 

7.8 

5.4 
3.3 

8.7 
.4 

9.1 


17.8 
7.9 

9.9 

4.1 

.2 

13.8 

.7 

14.5 


23.6 
6.0 

17.6 

5.1 

.3 

23.0 
1.6 

24.6 


20 




9.2 


Undistributed Profits 


10 8 




7 1 


Other Non-cash Charges Against Current Income' 2 '' 4 ' 


.1 

18.0 
2 


Total Net Sources of Funds 


18.2 


Net Use of Funds 


2.1 

2.4 

.3 

.3 

.2 

1.1 

3.8 
1.9 

5.7 


2.9 
3.8 

.7 

.4 

.2 

1.1 

7.3 
1.8 

5.5 


4.2 

7.0 

.6 

.3 
.1 
.5 

11.7 
3.6 

8.1 


3.3 
.9 
.1 

1.1 
.5 
.2 
.6 

5.5 
4.3 

9.8 


2.2 
1.0 
.2 
2.4 
.3 
.1 
.1 

5.5 
3.6 

9.1 


2.6 
.4 
.6 

2.1 

1.5 
.7 

1.3 

4.2 
4.0 

8.2 


5.1 

1.3 

.2 

1.8 
.2 
.3 
.8 

9.7 
.9 

8.8 


8.3 
9.7 
.2 
.1 
1.4 
1.0 
1.3 

18.8 
9.7 

9.1 


12.6 

12.5 

1.1 

1.5 
1.1 

23.6 
9.1 

14.5 


12.8 

3.5 

.9 

.7 

2.6 

.5 

.7 

15.1 
9.5 

24.6 


11.0 
2 4 


Investment in Other Companies 


9 




1.7 
8 


Redemption of Preferred Stock 


.2 


Increase in Misc. Assets (less Misc. Liabilities)' 5 ' 


.8 
11 




7.2 


Total Net Uses of Funds 


18.2 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 



Cash 

Marketable Securities 

Current Accounts Receivable. 
Inventories' 6 ' 



Totaj, Current Assets , 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable. 



Net Working Capital 

Refundable Portion of Excess Profits Tax. 
Plant, Property and Equipment (Net)' 7 ' . 
Investment in Other Companies (Net)' 8 ' . 

Goodwill, Franchises, etc 

Miscellaneous Assets'" 

Miscellaneous Liabilities' 10 ' 



Total. 



Capital and Surplus 

Funded Debt' 11 ' 

Loans from Parent and Other Companies (Net) , 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 12 ' 



Total. 



9.1 

4.0 

17.9 

27.2 

58.2 

9.5 

5.5 

2.0 

.6 

40.6 

33.7 

4.3 

3.7 

2.0 

.5 

83.8 



4.0 

5.6 

13.4 

38.8 

22.0 

83.8 



8.6 

5.3 

21.3 

31.0 

66.2 

12.5 

4.9 

5.8 

.4 

42.6 

33.7 

3.4 

3.7 

2.1 

.5 

85.0 



3.7 

4.6 
13.6 
39.2 
23.9 



85.0 



9.7 

6.9 
23.9 
38.0 

78.5 

14.8 

7.2 

10.1 

.6 

45.8 

34.3 

4.1 

3.7 

2.3 

.6 

89.6 



3.4 

5.2 
13.4 
39.4 
28.2 

89.6 



12.8 
11.0 
22.5 
39.0 

85.3 

14.2 

8.0 

11.7 

.4 

51.0 
1.2 

33.8 

4.1 

3.7 

2.5 

.4 

95.9 



2.9 

5.9 

13.3 

39.7 

34.1 

95.9 



12.6 
15.9 
21.2 
40.0 

89.7 

15.2 

7.3 

11.0 

.4 

55.8 
3.5 

32.5 

3.9 

3.7 

2.7 

.2 

101.9 



3.1 
6.7 

13.1 
40.2 
38.8 

101.9 



14.4 
19.5 
21.0 
39.6 

94.5 

16.8 

7.3 

10.2 

.4 

59.8 
5.6 

32.3 

3.6 

3.6 

3.6 

.9 

107.6 



4.7 

7.0 

12.2 

40.5 

43.2 



107.6 



13.2 
21.1 
22.4 
40.9 

97.6 

17.5 

9.3 

9.5 

.4 

60.9 
7.1 

34.4 

4.2 

3.4 

4.0 

.7 

113.3 



4.4 

6.7 

11.8 

41.0 

49.4 

113.3 



14.3 
12.8 
27.9 
50.6 

105.6 

20.3 

11.1 

9.8 

.7 

63.7 
6.4 

40.2 

4.5 

3.4 

3.9 

.7 

121.4 



5.9 
6.6 

10.4 
42.2 
56.3 

121.4 



13.6 

8.5 

33.5 

63.1 

118.7 
24.4 
15.7 
10.1 



67.6 
6.1 

49.0 
5.8 
3.3 
4.0 
1.2 

134.6 



7.4 

5.8 

11.4 

43.3 

66.7 

134.6 



18.3 

7.4 

39.0 

66.7 

131.4 

25.7 

13.5 

10.0 

.6 

81.6 
5.0 

56.8 
6.7 
3.1 
4.4 
1.1 

156.5 



10.2 
5.7 
10.8 
44.8 
85.0 

156.5 



21.4 

8.2 

41.0 

69.1 

139.7 

25.8 

13.0 

8.2 

1.4 

91.3 
3.3 

61.2 
5.7 
2.8 
4.3 
1.0 

167.6 



11.1 

4.7 
11.4 
44.9 
95.5 

167.6 



t This includes only companies with 1941 assets over $200,000 and under $1,000,000 and constitutes a relatively small sample of all companies having assets 
under $1,000,000. Note: For other footnotes see page 164. 



169 



OCTOBER 1950 









IX— GROSS NATIONAL EXPENDITURE 








Millons of Dollars 






Dominion 


of Bureau Statistics 












(U(2) 


Private Investment 


Govt. Expenditure 






(2) 








Exports 
of 










Personal 




Cost of 




Gross 


Calendar 






Mutual Aid, 




Expenditure 


Total 


Imports 


-Kesiauai 
Error of 


National 


Years 


Goods and 


Plant, 


(3) 


and 




on Goods 


of 


of Goods 


Estimate or 


Expenditure 




Services 


Equipment 
and Housing 


Inventories 


Foreign 
Relief 


Other 


and 
Services 


Foregoing 


and 
Services 


Omissions 


at Market 
Prices 


1926 


1,650 


681 


154 


— 


523 


3,654 


6,662 


1,522 


56 


5,196 


1927 


1,618 


774 


166 


- 


567 


3,885 


7,010 


1,629 


66 


5,447 


1928 


1,773 


940 


206 


- 


589 


4,196 


7,704 


1,808 


89 


5,985 


1929 


1,632 


1,107 


10 


- 


686 


4,383 


7,818 


1,945 


83 


5,956 


1930 


1,286 


916 


177 


- 


765 


4,091 


6,881 


1,625 


92 


5,348 


1931 


967 


610 


237 


- 


735 


3,594 


5,669 


1,142 


47 


4,480 


1932 


804 


322 


166 


- 


640 


3,066 


4,666 


901 


47 


3,718 


1933 


826 


221 


105 


- 


521 


2,848 


4,311 


828 


15 


3,468 


1934 


1,018 


296 


49 


- 


572 


3,030 


4,965 


948 


55 


3,962 


1935 


1,143 


360 


49 


- 


611 


3,209 


5,372 


1,017 


70 


4,285 


1936 


1,428 


446 


45 


- 


594 


3,420 


5,843 


1,183 


16 


4,644 


1937 


1,591 


633 


74 


- 


650 


3,733 


6,681 


1,409 


7 


5,279 


1938 


1,356 


576 


6 


- 


695 


3,770 


6,403 


1,257 


19 


5,165 


1939 


1,451 


554 


327 


- 


724 


3,861 


6,917 


1,328 


9 


5,598 


1940 


1,805 


713 


371 


- 


1,156 


4,379 


8,424 


1,626 


26 


6,772 


1941 


2,458 


995 


217 


- 


1,750 


5,014 


10,434 


1,967 


33 


8,434 


1942 


2,354 


931 


330 


1,002 


2,727 


5,531 


12,875 


2,307 


113 


10,455 


1943 


3,462 


828 


47 


518 


3,712 


5,880 


14,353 


2,917 


153 


11,283 


1944 


3,596 


756 


67 


960 


4,065 


6,382 


15,692 


3,569 


204 


11,919 


1945 


3,597 


882 


283 


858 


2,850 


7,050 


14,954 


2,910 


234 


11,810 


1946 


3,210 


1 ,362 


538 


97 


1,735 


8,018 


14,960 


2,878 


74 


12,008 


1947 


3,638 


2,057 


901 


38 


1,524 


9,225 


17,383 


3,621 


105 


13,657 


1948 


4,054 


2,663 


609 


19 


1,778 


10,151 


19,274 


3,636 


135 


15,503 


1949* 


3,987 


2,829 


101 


— 


2,088 


10,950 


19,961 


3,825 


62 


16,074 









GROSS NATIONAL PRODUCT 








Millons of Dollars 






Dominion Bureau of Statistics 










Calendar 
Years 


Wages and 
Other 
Labour 
Income 


Military 

Pay and 

Allowances 


(4) 

Investment 
Income 


Net Income of 
Individual Enterprises 


Net 

National 

Income 

at Factor 

Cost 


Indirect 

Taxes 

Less 

Subsidies 


<s> 

Depreciation 

and 

Similar 

Business 

Costs 


Residual 
Error of 
Estimate 

or 
Omissions 


Gross 
National 


Agricul- 
ture 


Other Un- 
incorporated 
Business 


Product 

at Market 

Prices 


1926 


2,299 


7 


602 


691 


479 


4,078 


612 


561 


55 


5,196 


1927 


2,465 


7 


663 


640 


516 


4,291 


629 


593 


66 


5,447 


1928 


2,658 


7 


839 


693 


553 


4,750 


677 


647 


89 


5,985 


1929 


2,839 


8 


814 


443 


585 


4,689 


674 


677 


84 


5,956 


1930 


2,750 


8 


592 


359 


481 


4,190 


594 


656 


92 


5,348 


1931 


2,386 


8 


327 


146 


394 


3,261 


585 


587 


47 


4,480 


1932 


1,971 


8 


201 


108 


294 


2,582 


566 


522 


48 


3,718 


1933 


1,791 


8 


233 


98 


257 


2,387 


566 


500 


15 


3,468 


1934 


1,969 


8 


379 


190 


274 


2,820 


585 


502 


55 


3,962 


1935 


2,093 


9 


451 


238 


326 


3,117 


596 


502 


70 


4,285 


1936 


2,221 


9 


565 


273 


378 


3,446 


656 


526 


16 


4,644 


1937 


2,494 


9 


758 


326 


430 


4,017 


713 


557 


8 


5,279 


1938 


2,506 


9 


681 


371 


419 


3,986 


637 


560 


18 


5,165 


1939 


2,583 


32 


783 


461 


430 


4,289 


737 


582 


10 


5,598 


1940 


2,944 


193 


1,127 


508 


483 


5,255 


837 


655 


25 


6,772 


1941 


3,586 


386 


1,487 


548 


587 


6,594 


1,056 


751 


33 


8,434 


1942 


4,251 


(ill 


1 ,72 1 


1 ,089 


(171 


8,373 


1 ,085 


883 


114 


10,455 


1943 


4,746 


910 


1,766 


969 


711 


9,102 


1.117 


912 


152 


11,283 


1944 


4, 90S 


1,068 


1,770 


1,213 


7S2 


9,741 


1.111 


863 


201 


11,919 


1945 


4,915 


1.117 


1,905 


959 


892 


9,788 


1 ,003 


785 


234 


11,810 


1946 


5,322 


340 


1 ,987 


1,130 


1,040 


9,819 


1 ,269 


846 


74 


12,008 


1947 


6,212 


83 


2,299 


1.1DI 


1,218 


10,916 


1,601 


1 ,036 


101 


13,657 


1948 


7,139 


82 


2,379 


1 .5(17 


1 ,:507 


12,474 


1 ,768 


1,126 


135 


15,503 


1949* 


7,682 


115 


2,283 


1,509 


1 ,328 


12,917 


1,780 


1,3 Hi 


01 


16,074 



(1) Excludes exports financed by Government oi Canada expenditure on Mutual Aid and foreign relief. 

(2) Minor adjustments have been made (by D.B.S.) to the figures of current receipts and payments as shown in the "Canadian Balance of International 
Payments" to achieve consistency with other component series. 

(3) Includes grain held by the Canadian Wheat Board. 

(4) Includes corporation profits before taxes have been deducted. 

(5) Includes an estimate of capital outlay charged to current account and also the claim portion of fire insurance premiums. 
* Preliminary. 



OCTOBER 1950 



170 



X— PERSONAL INCOME AND DISPOSITION OF PERSONAL INCOME 



Millions oj 


Dollars 






Dominion Bureau of Statistics 












Interest,(l) 
Dividends 


All Other(2) 


Social 

Insurance 

Con- 


Transfer(l) 


Total 


PersonaK.il 




Personal 
Expenditure 


Personal Savings 


Percentage 








of 


Calendar 


and Net 


Personal 


tributions 


Payments 


Personal 


Direct 


Disposable 


on Consumer 




Total 


Disposable 


Years 


Rental 


Earnings 


and Govt. 


from Govt. 


Income 


Taxes 


Income 


Goods 


In Farm 


(incl. Farm 


Income 




Income 




Pension 

Funds 


to Persons 








and 
Services 


Inventories 


Inventories) 


Saved 


1926 


486 


3,476 


16 


77 


4,023 


54 


3,969 


3,654 


66 


315 


7.9 


1927 


508 


3,628 


18 


84 


4,202 


61 


4,141 


3,885 


51 


256 


6.2 


1928 


564 


3,911 


20 


92 


4,547 


60 


4,487 


4,196 


5 


291 


6.5 


1929 


584 


3,875 


25 


98 


4,532 


68 


4,464 


4,383 


144 


81 


1.8 


1930 


595 


3,598 


26 


121 


4,288 


71 


4,217 


4,091 


66 


126 


3.0 


1931 


559 


2,934 


23 


165 


3,635 


63 


3,572 


3,594 


1 


22 


.6 


1932 


460 


2,381 


21 


170 


2,990 


63 


2,927 


3,066 


20 


139 


4.7 


1933 


428 


2,154 


20 


196 


2,758 


67 


2,691 


2,848 


29 


157 


5.8 


1934 


416 


2,441 


21 


230 


3,066 


63 


3,003 


3,030 


12 


27 


.9 


1935 


437 


2,666 


22 


241 


3,322 


80 


3,242 


3,209 


13 


33 


1.0 


1936 


435 


2,881 


25 


248 


3,539 


93 


3,446 


3,420 


45 


26 


.8 


1937 


489 


3,259 


29 


281 


4,000 


112 


3,888 


3,733 


22 


155 


4.0 


1938 


525 


3,305 


32 


262 


4,060 


112 


3,948 


3,770 


36 


178 


4.5 


1939 


570 


3,506 


34 


249 


4,291 


110 


4,181 


3,861 


60 


320 


7.7 


1940 


611 


4,128 


37 


224 


4,926 


136 


4,790 


4,379 


80 


411 


8.6 


1941 


637 


5,107 


68 


197 


5,873 


290 


5,583 


5,014 


58 


569 


10.2 


1942 


708 


6,652 


114 


221 


7,467 


495 


6,972 


5,531 


368 


1,441 


20.7 


1943 


752 


7,336 


128 


210 


8,170 


698 


7,472 


5,880 


62 


1,592 


21.3 


1944 


804 


7,971 


133 


261 


8,903 


838 


8,065 


6,382 


124 


1,683 


20.9 


1945 


848 


7,883 


136 


546 


9,141 


809 


8,332 


7,050 


238 


1,282 


15.4 


1946 


882 


7,832 


149 


1,106 


9,671 


796 


8,875 


8,018 


41 


857 


9.7 


1947 


1,065 


8,617 


181 


841 


10,342 


791 


9,551 


9,225 


123 


326 


3.4 


1948 


1,107 


10,095 


223 


863 


11,842 


822 


11,020 


10,151 


65 


869 


7.9 


1949* 


1,167 


10,634 


241 


905 


12,465 


785 


11,680 


10,956 


73 


724 


6.2 



(1) Interest on government debt not incurred to finance existing real assets is included with other interest and is excluded from transfer payments. Includes 
charitable donations from corporations. 

(2) Salaries, wages and supplementary labour income, net income ot agriculture and other unincorporated business and military pay and allowances, as shown 
on facing page. 

(3) Includes succession duties. * Preliminary. 



PERSONAL INCOME AND EXPENDITURE 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 






1 1 000 



9000 



7000 



5000 



3000 



PERSONAL INCOME AND DIRECT TAXES 

SMM. (MM 



12000 




1000 



9000 



7000 



5000 



3000 



1926 27 28 29 30 31 32 33 34 35 
(1) Total personal income minus direct personal taxes. 



171 



Millions of Dollars 



OCTOBER 1950 



XI— PERSONAL INCOME : PROVINCIAL DISTRIBUTION 

Dominion Bureau of Statistics 





P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C.< 1 > 


Canada 


1926 


20 


133 


103 


916 


1,536 


286 


395 


296 


338 


4,023 


1927 


21 


143 


105 


965 


1,630 


292 


380 


309 


357 


4,202 


1928 


21 


159 


109 


1,033 


1,751 


304 


424 


363 


383 


4,547 


1929 


21 


163 


116 


1,086 


1,811 


300 


323 


312 


400 


4,532 


1930 


22 


166 


117 


1,070 


1,770 


278 


223 


257 


385 


4,288 


1931 


16 


146 


101 


923 


1,549 


234 


147 


200 


319 


3,635 


1932 


14 


121 


82 


756 


1,262 


193 


127 


176 


259 


2,990 


1933 


12 


114 


79 


698 


1,167 


177 


117 


155 


239 


2,758 


1934 


14 


126 


85 


752 


1,310 


194 


136 


187 


262 


3,066 


1935 


15 


137 


89 


802 


1,428 


208 


172 


183 


288 


3,322 


1936 


16 


146 


98 


875 


1,488 


220 


185 


198 


313 


3,539 


1937 


18 


170 


110 


1,015 


1,668 


272 


135 


251 


361 


4,000 


1938 


18 


157 


103 


1,027 


1,678 


242 


192 


273 


370 


4,060 


1939 


21 


161 


109 


1,072 


1,746 


253 


280 


272 


377 


4,291 


1940 


21 


191 


127 


1,218 


2,042 


289 


296 


317 


425 


4,926 


1941 


24 


230 


149 


1,467 


2,510 


343 


299 


342 


509 


5,873 


1942 


30 


285 


183 


1,775 


3,026 


433 


566 


521 


648 


7,467 


1943 


35 


338 


213 


2,021 


3,375 


471 


477 


485 


755 


8,170 


1944 


38 


364 


227 


2,125 


3,592 


510 


674 


590 


783 


8,903 


1945 


44 


387 


254 


2,240 


3,764 


520 


540 


556 


836 


9,141 


1946 


46 


417 


277 


2,403 


3,788 


579 


605 


654 


902 


9,671 


1947 


41 


390 


281 


2,607 


4,079 


600 


628 


700 


1,016 


10,342 


1948 


48 


425 


303 


2,972 


4,587 


713 


797 


862 


1,135 


11,842 


1949* 


52 


453 


316 


3,138 


4,898 


•712 


827 


879 


1,190 


12,465 



(1) Includes Yukon and Northwest Territories. 



Preliminary. 



PERSONAL INCOME : PROVINCIAL DISTRIBUTION 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLAfS 



6000 
5000 

4000 
3000 




1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 



OCTOBER 1950 



172 



XII— WHOLESALE PRICES 

Index 1935-39 = 100 
CANADA U.K. 

Dominion Bureau of Statistics™ Board of Trade™ 





Farm 


Raw 




Manu- 






Products 

• 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


225.3 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-Sept. 


223.0 


219.9 


205.8 


186.3 


201.6 


Oct. 


220.1 


222.1 


204.2 


187.9 


203.9 


Nov. 


220.3 


222.1 


203.4 


187.8 


203.8 


Dec. 


220.3 


221.7 


202.0 


187.3 


203.5 


1950- Jan. 


217.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


219.9 


223.4 


202.3 


187.6 


204.9 


Mar. 


224.8 


226.4 


205.6 


1S8.8 


206.6 


Apr. 


226.8 


228.1 


205.6 


189.1 


207.7 


May 


229.6 


232.4 


206.8 


189.1 


209.9 


June 


238.8 


237.6 


211.0 


191.1 


214.0 


July 


242.2 


242.5 


216.8 


192.2 


216.5 


Aug. 


229.3 


242.2 


218.2 


197.0 


218.5 


Sept. 


227.9 


245.9 


220.7 


204.6 


225.2 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


210.9 


232.3 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


231.8 


251.5 


236.3 


256.3 


234.6 


257.7 


232.9 


260.6 


228.7 


265.5 


231.3 


273.5 



U.S.A. 

Bureau of Labor Statistics™ 



Farm 


Raw 








Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.4 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


214.6 


210.9 


204.8 


181.3 


190.6 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 


231.6 


228.9 


216.7 


190.8 


202.1 


233.7 


233.2 


220.7 


194.7 


206.5 


237.4 


236.6 


224.0 


198.1 


210.3 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926—100. 

(2) Adjusted to 1935-39=- 100 from base 1913=100 in 1929 and from base 1930=100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926 = 100. 

* An independent series with different weighting and different prices from those included in the "Total Index' 
is not entirely comparable with the U.S.A. "Farm Products Index". 



Prices include subsidies. The series 



Index 1935-39 = 100 



XIII— COST OF LIVING" 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105 .( 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


101 


3.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


128.8 


160.8 


First of Month 
















1949— June 


202.9 


128.7 


183.3 


122.4 


167.7 


128.4 


160.5 


July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


Mav 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214.3 


137.7 


180.7 


134.9 


166.9 


132.5 


167.5 


Aug. 


216.7 


138.4 


180.9 


134.9 


168.9 


132.5 


168.5 


Sept. 


218.8 


140.8 


182.3 


135.5 


171.1 


132.8 


169.8 


Oct. 


220.1 


141.0 


183.5 


135.5 


172.7 


133.3 


170.7 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450-$2,500, with incomes between $1,000-$1,600 most common. 



73 




















OCTOBER 1950 1 


















XIV- 


MERCHANDISE EXPORI^ 


Millions of Dollars 
















Compiled from 


"Trade of Canfo 




Fruits 


Wheat 




Other 




Bacon 






Other 






Otr 


Calendar 
Years 


and 
Vegetables 


and 
Wheat 
FlourU) 


Oats 


Grains 

and 

Products 


Live 
Cattle 


and 
Hams 


Other 
Meats 


Cheese 


Milk 
Products 


Eggs 


Seeds 


raw k) 


1929 . 


18 


302 


5 


26 


14 


7 


9 


19 


10 




4 


, 


1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 




1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 


; 


1946 


29 


417 


23 


41 


18 


66 


63 


22 


13 


27 


13 


; 


1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 


, 


1948 


21 


383 


23 


74 


74 


70 


65 


12 


18 


39 


50 


i 


1949 


20 


533 


19 


59 


61 


24 


44 


16 


14 


21 


44 


t 


12-Mths. ending 


























Sept. 1950 


24 


447 


19 


62 


81 


35 


52 


14 


13 


12 


34 


, 


Monthly 


























1949-Aug. 


2.5 


43.1 


.7 


2.5 


3.5 


.5 


3.5 


5.0 


1.2 


1.3 


.4 


3 


Sept. 


2.1 


40.1 


1.0 


4.4 


4.6 


.2 


4.1 


1.5 


1.0 


2.9 


.7 


3 


Oct. 


2.2 


48.4 


3.0 


5.8 


9.5 


2.0 


5.7 


.2 


1.1 


5.6 


1.5 


4 


Nov. 


3.5 


54.6 


3.6 


16.9 


9.5 


5.3 


6.6 


.2 


1.7 


1.4 


5.7 


4 


Dec. 


2.2 


29.6 


3.6 


5.8 


6.3 


5.9 


5.5 


.2 


2.2 


.3 


10.0 


4 


1950-Jan. 


1.7 


32.7 


1.8 


1.8 


5.5 


14.0 


3.4 


.1 


.9 


1.8 


3.6 


4 


Feb. 


2.2 


23.4 


1.4 


1.5 


5.7 


1.5 


2.5 


.1 


.9 


1.4 


3.3 


5 


Mar. 


2.9 


31.3 


1.4 


1.8 


5.7 


.8 


2.4 


.1 


1.0 


.4 


2.3 


I) 


Apr. 


1.4 


25.4 


.6 


1.6 


5.0 


.8 


2.4 


.1 


.6 


.2 


1.3 


3 


May 


1.4 


55.1 


.6 


7.9 


6.8 


2.4 


4.0 


.1 


1.1 


2 


1.6 


4 


June 


.9 


45.9 


.8 


5.1 


8.6 


.8 


3.6 


2.5 


.7 


.1 


.6 


4 


July 


1.9 


34.1 


.3 


6.0 


5.3 


.5 


5.5 


3.7 


.9 


.2 


.6 


3 


Aug. 


1.3 


33.6 


.5 


3.6 


5.9 


.9 


5.6 


3.5 


1.1 


.3 


1.5 


4 


Sept. 


2.2 


32.8 


1.3 


3.9 


6.7 


.6 


4.4 


2.8 


1.3 


.2 


2.1 


4 






Other 


























Fibres 


Farm 


Machinery 


Autos. 


Other 


Other 




Aluminum 


Copper 


Lead 


Xi, 


Calendar 


Artificial 


& Textiles 


Imple- 


(excl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


a' 


Years 


Silk 


(excl. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


PrcKtl 


1929 


_ 


8 


20 


7 


47 


_ 


16 


3 


15 


37 


11 


. 


1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 




1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 


• 


1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 


I 


1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 


• 


1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 


' 


1949 


2 


19 


93 


32 


39 


23 


106 


12 


94 


87 


42 


! 


12-Mths. ending 


























Sept. 1950 


5 


17 


83 


26 


38 


12 


97 


11 


96 


S6 


32 


U 


Monthly 


























1949-Aug. 


.2 


1.1 


4.3 


1.7 


3.3 


2.1 


6.7 


.9 


12.6 


S.5 


1.5 


7 


Sept. 


.1 


1.2 


4.S 


2.3 


3.1 


1.5 


'.l.S 


.8 


9.2 


7.2 


5.0 


6 


Oct. 


.2 


1.0 


3.8 


3.4 


3.8 


2.2 


5.8 


1.2 


6.4 


7.1 


2.(1 


6 


Nov. 


.2 


.8 


4.9 


2.1 


2.4 


1.6 


14.1 


1.0 


2.7 


7.1 


3.0 


7 


Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


11.6 


1.2 


11.6 


6.5 


5.1 


7 


1950-Jan. 


.3 


1.1 


6.6 


1.3 


3.2 


.8 


4.5 


.6 


4.3 


7.1 


1.3 





Feb. 


2 


.8 


6.9 


1.3 


3.1 


l.S 


4.3 


.8 


6.4 


6.5 


1.9 


7 


Mar. 


.4 


1.2 


10.5 


2.1 


2.1 


.4 


4.7 


.7 


8.3 


5.9 


1.5 


9 


Apr. 


.2 


.9 


9.0 


1.8 


2.6 


.9 


5.1 


.6 


8.7 


5.4 


1.2 


7 


May 


.3 


1.6 


10.4 


2.3 


3.6 


.1 


11.4 


1.0 


17.4 


8.9 


2.8 


9 


June 


.4 


2.2 


8.8 


2.6 


•1.7 


.2 


9.3 


1.0 


'.).7 


9.1 


3.7 


9 


July 


.6 


2.5 


6.7 


2.2 


4.0 


2 


8.9 


.9 


7.. 


7.0 


L.5 


; 


Aug. 


.8 


1.9 


5.6 


2.1 


2.4 


2 


6.9 


.8 


0.2 


6.3 


3.5 


Sept. 


.8 


2.6 


4.S 


2.1 


3.3 


2 


10.2 


1.0 


3.5 


8.6 


3.5 


o, 



(I) In the case of wheat for 1937, 46. 47. 48 & 49 export clearance figures are based on Board of Grain Commissioners rather than Customs data. (2 

1680. 1700, 1710, 200S, 2015, 2020, 2025. 2060. 2065,2066, 2070. 2075, 2080. 2085, 2090, 2095. 2100-2110. 2490. 2500-2525. 2750, 2795. 2805. 2810. 2812, 2S25J 



OCTOBER 


1950 




















1 


IMMODITY CLASSIFICATION 


















\ninion Bureau o 


f Statistics 


















Millions of Dollars 


ish 
h and 


Fish 
(canned & 


Furs 


Logs 
and 


Planks 
and 


Pulpwood 


Wood Pulp 


Newsprint 


Other 


Other 
Wood 


Alcoholic 


Rubber 
& Products 


Calendar 


zen) 


salted) 




Rounds 


Boards 








Paper 


Products 


Beverages 


(incl. 
synthetic) 


Years 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


7 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


12 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


41 


45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 


38 


44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 


45 


40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 


35 


59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 

12-Mths. ending 


44 


66 


25 


14 


249 


32 


190 


478 


16 


62 


39 


14 


Sept. 1950 

Monthly 


:.4 


4.6 


1.0 


3.0 


13.2 


2.6 


13.1 


40.8 


1.3 


2.9 


2.2 


2.2 


Aug.-1949 


i.9 


6.7 


1.6 


2.0 


15.0 


2.7 


11.5 


32.7 


1.4 


3.0 


2.9 


2.1 


Sept. 


;.9 


7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Oct. 


1.8 


6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 


:.9 


6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 


1.1 


4;4 


3.3 


1.2 


10.5 


3.0 


13.3 


38.3 


1.3 


2.5 


2.5 


.8 


Jan.- 1950 


1.7 


4.9 


2.0 


1.3 


13.9 


2.6 


14.0 


34.9 


1.3 


2.5 


2.6 


.8 


Feb. 


1.6 


4.7 


2.0 


.9 


18.9 


2.7 


16.5 


37.5 


1.3 


4.5 


2.7 


1.0 


Mar. 


1,7 


4.2 


1.7 


.7 


16.8 


1.1 


13.3 


39.0 


1.2 


3.8 


2.9 


.9 


Apr. 


1.6 


4.7 


2.3 


.8 


20.5 


1.0 


16.7 


44.2 


1.2 


4.7 


3.0 


1.1 


May 


1.6 


5.8 


2.0 


.9 


27.7 


2.9 


18.1 


41.4 


1.2 


5.2 


4.1 


1.0 


June 


».2 


5.5 


1.7 


1.0 


30.6 


2.8 


14.7 


39.2 


1.4 


5.0 


3.3 


.9 


July 


>'.0 


4.6 


1.6 


1.1 


22.8 


3.7 


17.3 


38.9 


1.4 


13.2 


4.1 


.9 


Aug. 


..2 


6.6 


2.5 


1.2 


35.9 


3.8 


19.7 


40.4 


2.1 


7.1 


3.8 


1.0 


Sept. 



174 



cious 
etals 
gold) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 

Metals 


Asbestos 


Other 
Non- 
metallic 
Minerals 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Years 


12 


9 


5 


13 


17 


7 


14 


1 


_ 


33 


37 


1,190 


1929 


6 


4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 


19 


15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 


21 


28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 


23 


30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 


25 


42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 


28 


56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 


31 

L.2 


54 
4.4 


14 
.9 


59 
5.0 


39 
2.5 


39 

2.7 


52 
2.0 


26 
8.0 


11 
5.2 


61 
5.0 


164 
13.8 


3,228 

258.7 


12-Mths. ending 

Sept. 1950 

Monthly 

Aug.-1949 


>.6 


4.3 


1.0 


4.2 


2.3 


3.3 


2.3 


.7 


2.4 


5.3 


11.2 


242.6 


Sept. 


L.4 


4.3 


.8 


5.2 


3.1 


2.8 


2.8 


- 


5.3 


5.0 


13.2 


285.4 


Oct. 


2.1 


5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 


1.0 


3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.6 


.4 


7.1 


12.5 


283.5 


Dec. 


L.8 


2.3 


1.4 


4.1 


2.7 


3.9 


4.1 


— 


.4 


4.1 


15.8 


237.3 


Jan.- 1950 


.9 


3.7 


1.5 


4.4 


2.6 


2.8 


4.0 


.5 


.3 


4.7 


11.7 


211.2 


Feb. 


3.0 


3.7 


.9 


5.3 


3.4 


4.6 


5.0 


- 


.6 


4.5 


13.5 


244.3 


Mar. 


1.9 


3.1 


.5 


4.3 


3.2 


3.2 


3.7 


6.0 


.3 


3.9 


11.4 


216.1 


Apr. 


2.9 


4.1 


1.4 


5.8 


3.4 


3.7 


6.1 


3.9 


.5 


5.6 


15.8 


310.0 


May 


2.1 


6.0 


.9 


5.4 


3.4 


3.3 


5.7 


5.8 


.5 


4.5 


15.0 


301.8 


June 


2.1 


5.9 


1.9 


4.0 


3.5 


2.6 


4.3 


.1 


.3 


4.0 


14.8 


267.3 


July 


4.9 


6.1 


1.3 


5.1 


3.3 


2.4 


5.1 


2.2 


.3 


4.3 


13.8 


273.5 


Aug. 


3.5 


6.0 


1.4 


6.0 


3.8 


3.1 


5.5 


3.1 


.3 


5.6 


10.8 


292.1 


Sept. 



ious items listed in "Trade of Canada" under code numbers 180. 600, 610.690, 710, 790, 1170, 1500-1590, 1610, 1620, 1630, 1640, 1645, 1650, 1660, 1670. 
45, 2850, 2855, 2860. 3160-3187. 



175 



OCTOBER 1950 



Millions of Dollars 



XV -EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS* 



■.(!)* 









TOTAL EXPORTS (EXCLUDING GOLD) 


TO 






Net 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Non- 
Monetary 




U.S.A. 


U.K. 


Dependen- 


of 


Sterling 


Europe & 


and 




All 


Gold 








cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Exports 


Calendar Years 






















1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


96 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


99 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


119 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


139 


12-Mths. ending 






















Sept. 1950 (6) 


1,938 


525 


55 


48 


115 


189 


146 


85 


3,101 


164 


Monthly 






















1949-Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


13.8 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


11.2 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


13.2 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


15.4 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


12.5 


1950- Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


15.8 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


11.7 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


13.5 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


5.0 


209.0 


11.4 


May 


178.6 


53.3 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 


15.8 


June 


178.9 


52.9 


3.7 


5.5 


9.1 


17.6 


15.0 


6.8 


289.4 


15.0 


July 


170.1 


31.9 


4.9 


4.3 


9.7 


19.4 


11.2 


4.1 


255.5 


14.8 


Aug. 


170.9 


41.4 


3.8 


2.0 


6.1 


18.2 


14.6 


6.1 


263.2 


13.8 


Sept. (,) 


195.5 


34.6 


5.3 


3.6 


8.2 


15.8 


17.0 


4.9 


285.0 


10.8 



Millions of Dollars 



MERCHANDISE IMPORTS 1 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 


cies 


South 


Area 


Colonies 


South 














Africa 


(3) 


(4) 


America 


(S) 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


S3 


193 


39 


2,760 


I2-Mtli9. ending 




















Aug. 1950 l6) 


1,987 


342 


114 


4 


87 


92 


204 


59 


2,888 


Monthly 




















1949-Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Ian. 


154.5 


26.1 


4.4 


.2 


0.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


2 


(i.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


.2 


7.2 


6.4 


14.9 


4.7 


230.9 


May 


195.5 


36.3 


16.0 


.6 


7.6 


8.8 


18.8 


6.5 


290.2 


June 


188.3 


37.1 


13.4 


.4 


9.7 


10.1 


15.2 


8.3 


282.4 


July 


170.6 


32.7 


12.6 


.3 


9.1 


9.8 


L8.2 


6.1 


259.5 


Aug. (6) 


172.6 


34.3 


14.1 


2 


7.:; 


10.9 


21.9 


6.0 


267.3 


Sept. (7) 


179.4 


36.4 














280.4 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



* Commencing April 1. 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire. India, Pakistan. Burma. Australia, New Zealand, Iceland, 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece, Turkey, and British Sudan. 

(5) Includes Egypt, Spain. Palestine, and also Newfoundland until March 31. 
1949. 

(6) Preliminary. (7) Estimates. 



OCTOBER 1950 



176 



MERCHANDISE TRADE" 



MILLIONS Or DOLLARS 



EXPORTS, IMPORTS AND BALANCE 

RUNNING 12-MONTH TOTALS 



MILLIONS OF DOLLARS 



2000 




1000 



1948 1949 1950 

* Excluding gold. See footnotes to tables on page 175. 




1943 



1949 



1950 



;2? 



TATISTICAL SUMMARY 



BANK OF CANADA 



Tables 



I Bank of Canada: 



Charts 



II 
III 

IV 



V 



Liabilities and Assets 

Chartered Banks: Canadian Deposits, Loans, and Govt, of Canada 

and Provincial Securities 

Chartered Banks: Canadian Savings and Current Deposits 
Chartered Banks: 

Liabilities and Assets 



General Public Holdings of Certain Liquid Assets .... 
Security Prices: 

Government Securities Payable in Canada only 

Yields of Government of Canada Bonds, Payable in Canada only 

Government Securities: Canada, U.K. and U.S.A 

Yields of Government Bonds: Canada, U.K. and U.S.A . . 
Corporate Financial Statistics : 



Total 643 Companies: Profits Before Tax 

45 Food Products Companies 

15 Beverage Companies 

23 Primary Textile Companies 

23 Pulp and Paper Products Companies 

45 Iron, Steel and Products Companies 

49 Machinery Companies (excl. Electrical) 

27 Electrical Machinery and Equipment Companies 

38 Gold Mining Companies .... 

18 Non-Ferrous Metal Companies 
9 Petroleum Companies .... 

30 Chemical Companies .... 
62 Wholesale Trade and Service Companies 
32 Retail Trade and Service Companies 

19 Electrical Utility Companies . 
VI Business Activity .... 

Retail Merchandise Trade 

VII Wholesale Prices .... 

VIII Cost of Living 

IX Exports and Imports by Countries 

X Merchandise Imports: Commodity Classification 



177-178 

177 

178 

179-180 
179 - 180 

181 
181 
182 
182 

183 
184 
185 
186 
187 
188 
189 
190 
191 
192 
193 
194 
195 
196 
197 
198 
198 
199 
199 
200 
201 - 202 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the 6gures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



NOVEMBER 1950 



177 



7 














NOVEMBER 1950 




Millions of Dollars 


















[— BAI I 




LIABILITIES 






Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits' 1 ' 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


Tota 

Liabilr 

or 

Assel 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 




Average of 






















Month-end Figures 






















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


290 




1937-12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


373 




1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


448 




1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,480 




1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,840 




1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,898 




1947 


152.8 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,919 




1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,973 




1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,109 




1949— May 


193.5 


571.2 


764.7 


101.4 


65.2 


61.4 


1,070.3 


35.2 


2,098 




June 


154.8 


568.3 


723.2 


112.2 


73.7 


67.7 


1,115.1 


44.1 


2,1361 


July 


172.8 


566.9 


739.7 


94.3 


73.8 


57.9 


1,098.2 


32.7 


2.096! 


Aug. 


198.8 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2,1181 


Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2,2171 


Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2,191' 


1950— May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,191' 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,2011 


July 


200.3 


552.7 


753.0 


19.6 


228.9 


94.6 


1,093.9 


34.4 


2,224| 


Aug. 


220.2 


568.2 


788 3 


16.7 


233.1 


106.2 


1,083.6 


36.9 


2,2651 


Sept. 


179.3 


555.8 


735.1 


22.0 


258.2 


89.6 


1,139.1 


38.6 


2,2821 


Oct. 


211.8 


621.7 


833.5 


39.0 


235.2 


143.3 


1,110.0 


48.3 


2,4091 





(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31, 1949. *May 194C 
these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the Fo 



CHARTERED BANKS: CANADIAN DEPOSITS, LOANS AND GOVT. OF CANADA 

AND PROVINCIAL SECURITIES 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



8000 



7000 



•6000 



5000 



4000 



3000 



2000 




^8000 



7000 



6000 



5000 



4000 



3000 



2000 



1946 



1947 



1949 



1950 



NOVEMBER 1950 



178 



)F CANADA 


















Millions of Dollars 


ASSETS 














Securities 
















Foreign'" 
Exchange 














All 




Gold 


Silver 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 


Other 

Accounts 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


151.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935-10 Mths. 


182.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937-12 Mths. 


210.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 








- 


- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


- 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


- 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


- 


33.4 


1949 


— 


- 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


— 


27.4 


May— 1949 


- 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


- 


26.8 


June 


- 


- 


52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


- 


15.0 


July 


- 


- 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug. 


- 


- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept. 


- 


- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


- 


49.7 


Oct. 


- 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May— 1950 z -° 


- 


- 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


- 


28.2 


June 


- 


- 


89.2 


1,431.0 


638.7 


25.0 


5.5 


2,100.2 


- 


35.1 


July 2*^7 


- 


- 


161.5 


1,420.4 


569.2 


25.0 


60.3 


2,074.9 


- 


28.5 


Aug. ijSf I 


- 


- 


212.3 


1,406.1 


444.6 


25.0 


170.0 


2,045.6 


- 


24.7 


Sept. it Son 




— 


152.5 


1,381.4 


435.7 


25.0 


360.7 


2,202.9 


— 


54.0 


Oct. 'tn/ 



ibsequent figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under 
change Control Board. Since that date the Bank's minimum gold reserve requirement has been suspended. 



CHARTERED BANKS: CANADIAN SAVINGS AND CURRENT DEPOSITS 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



4500 



4000 



3500 



3000 



2500 




4500 



4000 



3500 



3000 



2500 



1946 1947 

(1) All Canadian Deposits other than Public Savings Accounts 



1949 



179 



NOVEMBER 1950 



Millions of Dollars 



II— CHARTS 

Bank I 







LIABILITIES 




- 




Notes 


Deposits 


Cash 

in o 


Securities 








Govt, of 


Canadian 




Total 


Govt, of Canada 


Foreign 
Govt. 








Demand 


Notice 


Canada 


Deposits 


Foreign 


Deposits 

(2) 


Canada 


and Provincial 


Othei' 










and Prov. 






Under2yrs 


Over 2 yrs. 






Average of 


























Month-end figures 




























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 




1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 




1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


239 


1 


1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


424 


; 


1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


547 


I 


1949 

End of 

1949-May 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


560 


1 


15 


2,284 


4,339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 


568 


I 


June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 


564 


1 


July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 


556 


I 


Aug. 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


552 


I 


Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


55C 


1 


Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


819 


997 


2,530 


247 


553 


! 


1950-May 


- 


2,453 


4,557 


407 


7,504 


758 


8,372 


745 


940 


2,655 


243 


57C 


! 


June 


- 


2,538 


4,538 


371 


7,552 


745 


8,409 


699 


734 


2,729 


238 


574 


1 


July 


- 


2,493 


4,529 


265 


7,389 


742 


8,233 


753 


734 


2,702 


225 


58C 


1 


Aug. 


- 


2,618 


4,543 


412 


7,672 


728 


8,522 


788 


961 


2,713 


215 


58c 


1 


Sept. 


- 


2,709 


4,582 


306 


7,659 


709 


8,569 


735 


942 


2,669 


230 


59£ 


1 


Oct. 


— 


2,822 


4,559 


358 


7,887 


706 


8,724 


834 


892 


2,685 


201 


571 


1 


(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Canada. 


: 


month-end Canadian deposits in 1926-35 and monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circulation and chartered ba 




uary: liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January 1950. 




Ill— GENERAL PUBLIC HOLDING )■ 


Currency, Bank Deposits at r. 


Millions of Dollars Bank l 




Currency and Active Bank Deposits 


Tota 

Currer 
and 






Currency 


Active Bank Deposits 






Outside Banks 


Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 




r 
- 




Notes (l > 


Coin<»> 


Total 


(»> 
Demand 


Active (4 » 
Notice 


Other*') 
excl. 
Govt. 


Total 


Deduct"" 
Float 


Net 
Total 


Total 


Activ I 
Banl 
Deposi 














of Canada 












As at Dec. 31 


























1946 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,99 


1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


•J, "4' 


1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,33 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3.23S 


4,42 


Month-end 


























1949-May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


65 


3,000 


4,15 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2,912 


74 


2,986 


4,18 


July 


1,113 


71 


1,184 


2,188 


671 


291 


3,150 


235 


2,915 


74 


2,989 


4,17 


Aug. 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


2,971 


62 


3,033 


4,18 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3,094 


64 


3,158 


4,36 


Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3,527 


414 


3,113 


77 


3,190 


4,37 


1950-May 


1,065 


73 


1,138 


2,453 


702 


348 


3,503 


365 


3,138 


203 


3,341 


4,47 


June 


1,121 


75 


1,196 


2,538 


699 


351 


3,588 


475 


3,113 


216 


3,329 


4,52 


July 


1,094 


75 


1,169 


2,493 


695 


318 


3,506 


355 


3,151 


229 


3,3S0 


4,54 


Aug. 


1,084 


75 


1,159 


2,618 


696 


323 


3,637 


351 


3,286 


233 


3,519 


4,67 


Sept. 


1,139 


77 


1,216 


2,709 


699 


389 


3,797 


352 


3,445 


258 


3,703 


4,91 


Oct. 


1,110 


77 


1,187 


2,822 


695 


437 


3,954 


451 


3,503 


235 


3,738 


4,92 


u 


"At The term General Public refers to holdings of non-residents as well as (2) Subsidiary coin issued by the Mint less coin held by Bank of Canada and 




residents; for an approximate division between resident and non-resident chartered banks in Canada. 




, holdings see Table III. page 159 in the October Statistical Summary. (3) Chartered banks' public demand deposits in Canada. 




1 Chartered banks' Newfoundland branch statistics arc included as from (4) Chartered banks' public notice deposits in Canada other than estimated 




April 1st. 1949. aggregate quarterly minimum balances in personal savings accounts and 




•kit The whole of the increase or decrease in Canada's foreign exchange reserves non-personal notice deposits. 




is embodied in the related factors in this table; to the extent that such (5) Chartered banks' Canadian dollar deposits of provincial governments. 




changes do not appear in the column "Bank of Canada Gold and Exchange and of Canadian, United Kingdom, ami foreign hanks. 




Holdings (net)" they affect changes in "Government of Canada Direct (6) Cheques on other banks u thown in chartered bank month-end returns 




and Guaranteed Funded Debt". to the Minister of Finance. 




(1) Note Circulation of Bank of Canada and chartered banks, excluding notes (7) Other Deposits with the Hank of Canada as shown in published month-end 




held by chartered banks. statements — i.e. excluding Government of Canada, chartered bank and 




foreign currency deposits. 





NOVEMBER 1950 



180 



tED BANKS 

Canada 



ASSETS 




Loans 


Total 
Assets 




CANADA 


ABROAD 


Total 


Call 


Current 


Current 


Call 


Current 






Public 


Other 








499 


267 


1,343 


112 


301 


248 


3,528 


696 


117 


1,032 


165 


84 


172 


2,869 


1,426 


107 


732 


117 


68 


165 


3,317 


4,108 


104 


1,693 


54 


76 


198 


7,811 


4,120 


81 


1,923 


75 


74 


234 


8,140 


4,370 


97 


2,112 


105 


83 


220 


8,658 


4,342 


74 


2,085 


117 


78 


215 


8,604 


4,396 


72 


2,085 


110 


94 


215 


8,668 


4,460 


77 


2,082 


105 


90 


212 


8,570 


4,527 


78 


2,060 


114 


84 


205 


8,734 


4,463 


103 


2,184 


120 


97 


214 


8,979 


4,327 


137 


2,213 


124 


77 


214 


8,943 


4,408 


105 


2,234 


118 


87 


214 


8,912 


4,276 


145 


2,293 


115 


90 


222 


8,950 


4,240 


94 


2,287 


98 


95 


223 


8,796 


4,478 


99 


2.294 


98 


95 


220 


9,102 


4,436 


101 


2,352 


121 


110 


233 


9,162 


4,349 


115 


2,449 


116 


117 


230 


9,323 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (j) 
Canada 


Deposits 


Canadian 


Note (j> 




(♦) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


765 


7,090 


10.8 


1,083 


May-1949 


769 


7,138 


10.8 


1,084 


June 


755 


7,255 


10.4 


1,088 


July 


762 


7,256 


10.5 


1,081 


Aug. 


771 


7,312 


10.5 


1,100 


Sept. 


772 


7,442 


10.4 


1,111 


Oct. 


742 


7,394 


10.0 


1,070 


May- 1950 


724 


7,419 


9.8 


1,071 


June 


755 


7,433 


10.1 


1,084 


July 


781 


7,369 


10.6 


1,082 


Aug. 


734 


7,557 


9.7 


1,096 


Sept. 


812 


7,786 


10.4 


1,107 


Oct. 



nion Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated 

te circulation, the latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in Jan- 



i3F CERTAIN LIQUID ASSETS*t 

OVERNMENT OF CANADA SECURITIES 

mada 



Millions of Dollars 



<«) 
iiactive 
bartered 
Bank 


Govt, of 
Canada 


Total 


Related Factors** 




Govt, of Canada Direct and Guaranteed Funded Debt< 9) 


Bank"') 
Loans 
& Non 


Bk.ofCan 
Gold and 


Deduct 
All 




Held by Bk 


. of Can. & Ch. Bks. 


Held by Other Investors 


















Notice 


Securities 






Deduct*-™ 






Deduct 






Exchange 


Other 




eposits 


(»)(10)(12) 




Total 

(10) 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Invest- 
ments 


Holdings 
(Net) 


(Net) 

no 












Deps. 






Govt. Accts. 


































As at Dec. 31 


2,856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


- 


300 


1946 


3,143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


- 


254 


1947 


3,408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


- 


250 


1948 


3,751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


- 


186 


1949 

Month-end 

May-1949 


13,667 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


- 


173 


3,660 


9,880 


17,727 


5,200 


433 


4,767 


10,954 


1,074 


9,880 


3,265 


- 


185 


June 


! 3,669 


9,863 


17,705 


5,241 


494 


4,747 


10,895 


1,032 


9,863 


3,270 


- 


175 


July 


13,697 


9,893 


17,778 


5,310 


526 


4,784 


10,882 


989 


9,893 


3,256 


- 


155 


Aug. 


(3,730 


9,977 


18,076 


5,295 


493 


4,802 


10,941 


964 


9,977 


3,400 


- 


103 


Sept. 


13,770 


9,888 


18,035 


5,145 


309 


4,836 


10,754 


866 


9,888 


3,480 


- 


169 


Oct. 


3,855 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


- 


155 


May-1950 


|3,839 


9,869 


18,233 


5,116 


160 


4,956 


10,665 


796 


9,869 


3,559 


- 


151 


June 


13,834 


9,812 


18,195 


5,087 


68 


5,019 


10,624 


812 


9,812 


3,502 


- 


138 


July 


|3,848 


9,833 


18,359 


5,248 


204 


5,044 


10,639 


806 


9,833 


3,521 


116 


155 


Aug. 


113,883 


10,013 


18,815 


5,039 


1 


5,038 


10,828$ 


815 


10.013J 


3,618 


293 


147 


Sept. 


3,864 


10,077 


18,866 


4,990 


108 


4,882 


10,900 


823 


10,077 


3,681 


370 


144 


Oct. 



(8) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits in 
Canada. 

(9) Direct and guaranteed securities (including refundable taxes). For direct 
debt includes both matured and un atured issues outstanding, exclusive 
of sinking fund holdings; guaranteed debt is included on the basis of the 
total unmatured issues outstanding; Newfoundland debt assumed by 
the Government of Canada has been included since June 1949. Foreign- 
pay securities have been valued at official mid-rates of exchange to 
September 30, 1950. and at market mid-rates thereafter. 

HO) Chartered banks' temporary advances to the general public in connection 
with the purchase of Victory Loan Bonds at time of issue, amounting to 
166, 261, 271, and 411 in the years 1942 to 1945 inclusive, have been 



included in bank holdings of Government securities and deducted from 
holdings of the general public. 

Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 
(13) All loans in Canada of the chartered banks other than temporary advances 
in connection with Victory Loan issues, plus chartered banks' holdings 
of provincial, municipal and "other" securities, and Bank of Canada 
holdings of Industrial Development Bank Capital stock. 
Net of all related asset and liability items not shown elsewhere in this table. 
Excludes $50 million (U.S. funds) borrowed in New York to redeem an 
issue falling due on October 1st. 



(11) 
(12) 



(14) 
t 



181 



NOVEMBER 1950 



IV— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.92 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


Monthly 














1949— Nov. 


103.00 


2.78 


2.69 


2.56 


2.13 


1.65 


Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


Mav 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 


Aug. 


102.05 


2.84 


2.75 


2.64 


2.15 


1.74 


Sept. 


102.41 


2.81 


2.71 


2.62 


2.17 


1.76 


Oct. 


101.82 


2.86 


2.75 


2.68 


2.22 


1.83 


Nov. 


100.95 


2.93 


2.88 


2.84 


2.42 


2.02 



YIELDS OF GOVERNMENT OF CANADA BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 




1936 1937 193a 1939 1941 



194 3 1944 1945 r946 



1946 '949 



(1) Proir to 1940 figures are for the 1st of month. (2) 1936-37 figures are for the 1st of the month. 193S-39 figures are for average of month. 
(3) Nov. 15. 



NOVEMBER 1950 



182 



IV— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Month Treasury Bills 






A 


verage of E 


usiness Da) 


•s 




Tender Rate Nearest 15th of Month 




Canada"' 


U. 1 


fC.«> 


U.S A.«) 
























U.K. 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 








Annual Average 




















1945 


- 


- 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


Monthly 

1949— Aug. 


101.71 


2.83 


95.68 


3.30 


104.09 


2.17 


.512 


.525 


1.007 


Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


Mav 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


July 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


1.168 


Aug. 


102.41 


2.75 


97.10 


3.21 


102.69 


2.26 


.546 


.513 


1.173 


Sept. 


102.88 


2.70 


98.11 


3.14 


102.41 


2.29 


.615 


.514 


1.311 


Oct. 


102.16 


2.77 


99.29 


3.05 


102.16 


2.31 


.623 


.514 


1.337 


Nov. 


101.21 


2.87 


99.26 


3.05 


101.98 


2.32 


.624 


.513 


1.380 



(1) Government of Canada 3% due Sept. 1. 1961-66. (2) United Kingdom 3% due Apr. IS, 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 1952. 



(3) U.S. Treaaury 2H% due Dec. 15, 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS 

Daily Opening Quotations 



CANADA, U.K. AND U.S.A. 



2 0% 



22% 




NOV DEC 

1949 



FEB MAR 



1950 



AUG SEPT OCT NOV DEC 



* Security is not eligible for commercial banks before Dec. 1, 1952. 



183 



NOVEMBER 1950 



Millions of Dollars 



V— FINANCIAL STATISTICS FOR 643 COMPANIES*: 1939-49t 

Bank of Canada 
NET PROFIT BEFORE TAX : INDUSTRIAL CLASSIFICATION 



Fiscal Year Nearest to Calendar Year 



No. of 
Co's 



1939 



1940 



1941 1942 | 1943 1944 



1945 ! 1940 



1947 



1948 1949 



Grain Mill Products 

Food 

Beverage 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Miscellaneous Textiles 

Clothing 

Wood Products, (incl. Logging) 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery, (excl. Electrical) 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels) . 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade & Service 

Retail Trade & Service 

Electric Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 643 Companies 



7 
45 
15 

3 

12 
7 
23 
13 
28 

19 
23 
23 
12 

45 
49 
27 

38 
18 
22 
16 
9 
30 
11 

62 
32 
19 
6 
16 
13 



2.5 

17.9 
8.5 
8.2 

.8 
3.0 
9.7 
3.6 
1.9 

1.6 

10.5 

2.4 

1.7 

16.9 
10.8 

7.4 

52.0 

86.3 

6.3 

5.8 

33.2 

15.5 

1.5 

5.6 
7.9 
15.5 
9.8 
1.8 
1.2 



643 



349.8 



3.2 
16.5 

9.1 
9.1 



3.7 

16.6 

4.6 

3.0 

2.7 

28.6 

3.6 

2.0 

22.2 
23.6 
13.9 

54.9 

101.9 

8.5 

6.7 

34.0 

18.2 

1.9 

7.4 

10.0 

20.2 

12.6 

3.8 

2.3 



445.7 



3.3 
20.7 
13.1 

9.7 

1.2 
7.1 
23.7 
7.1 
3.3 

3.1 
37.8 

4.8 
2.2 

30.6 
44.0 
23.1 

51.1 

120.4 

10.8 

7.0 
35.1 
21.9 

2.4 

9.8 

13.0 

24.3 

16.6 

8.6 

2.8 



558.6 



3.8 
24.3 
17.0 
11.5 

1.9 

11.2 

23.6 

7.7 

5.0 

3.3 

26.5 

5.5 

2.4 

37.6 
60.6 
25.8 

40.7 

120.5 

12.0 

6.2 
34.4 
19.3 

3.2 

11.7 
17.4 
32.5 
19.8 
7.7 
2.6 



595.7 



6.9 

27.1 
17.2 
10.8 

1.9 
9.9 
13.9 
6.8 
5.0 

3.3 
27.0 

5.7 
2.7 

36.2 
59.7 
21.1 

31.1 

109.6 

8.0 

6.2 

37.2 

17.7 

2.8 

12.7 
20.1 
30.7 
21.9 
5.9 
6.4 



565.5 



5.3 
28.7 

23.4 
10.6 

2.1 
7.8 
15.2 
6.2 
5.6 

4.1 

31.4 

5.6 

3.0 

29.8 
47.3 
21.0 

22.7 

92.5 

8.0 

5.7 

38.2 

19.5 

3.4 

11.7 
22.1 
26.1 
22.3 
5.5 
5.0 



529.8 



5.3 
26.7 
34.3 
11.6 

1.9 
8.7 
14.3 
6.9 
5.5 

3.8 

31.9 

5.7 

3.5 

25.2 
41.0 
15.0 

20.1 
87.1 
10.6 

6.6 
37.8 
19.8 

3.7 

12.7 
25.5 
29.1 
25.4 
5.8 
3.9 



529.4 



5.7 
26.0 
45.7 
10.7 

2.2 
9.5 
13.4 
7.8 
7.9 

5.8 

74.2 

8.6 

3.7 

27.0 
31.9 
12.1 

14.8 

101.6 

13.5 

6.9 
41.8 
22.9 

3.7 

16.5 
29.4 
29.7 
22.0 
3.0 
2.9 



600.9 



6.8 
31.3 
37.9 

9.5 

2.3 

16.2 

18.2 

8.9 

8.1 

12.0 
111.4 

11.1 
3.3 

38.2 
57.6 
25.2 

11.3 

151.4 

16.2 

6.9 
44.6 
26.3 

4.7 

18.0 
28.4 
29.5 
20.3 
5.2 
2.5 



763.3 



7.5 
34.1 
34.7 
11.5 

1.8 
9.8 
31.8 
9.5 
7.7 

11.7 

126.5 

11.1 

3.3 

50.6 

77.7 
28.1 

14.1 

188.5 

21.7 

9.8 
48.3 
30.2 

4.6 

20.0 
31.7 
27.9 
20.0 
6.8 
3.1 



884.1 



5.3 
36.6 
31.5 
10.7 

1.3 
4.6 
23.4 
7.9 
5.8 

8.0 

119.2 

10.9 

3.8 

55.6 

103.0 

33.5 

19.4 

156.2 

23.4 

9.4 

47.5 

35.8 

3.5 

17.3 
32.7 
30.1 
15.8 
8.2 
2.9 



863.3 



THE FOOTNOTES BELOW REFER TO TABLES ON PAGES 183 TO 197 INCLUSIVE. 



* The tabulation includes all those companies in the classification specified 
with 1941 assets over $200,000 for which consistent reports were available 
from 1935-49. The material is, of course, subject to all the limitations and 
qualifications which apply to the basic accounting statements. 

t Figures are available on request for the years 1936-38 inclusive. 

(1) For purposes of comparability, any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special inventory reserves, 
whether shown by the company in operating expenses or as adjustment 
to earned surplus, have been deducted in arriving at Net Operating Profit. 

(2) Includes depletion and deferred development provision where charged 
by the company. 

(3) The Source and Use of Funds Statement is designed to show net cash 
received from all sources and paid out for all purposes; revaluations or 
purely bookkeeping transactions which affect items of the Balance Sheet, 
particularly Plant, Property and Equipment, Preferred and Common 



Stock outstanding and, in a few instances. Funded Debt, are so far as 
possible eliminated from the Source and Use of Funds Statement. 

(4) Includes amortization of bond discount. 

(5) Includes adjustments relating to tax accruals and other transactions 
of previous years. 

(6) Special inventory reserves have been deducted. 

(7) Reserves for depreciation and depletion have been deducted. 

(8) Includes current accounts receivable from subsidiaries and fixed invest- 
ment in subsidiaries teas current and non-current accounts payable to 
subsidiaries. 

(9) Includes goodwill, franchises, bond discount and other deferred charges, 
deferred development etc.. less pension fund reserves, insurance reserves 
and advance payments on contracts. 

(10) Bonds and mortgages outstanding loss sinking fund. 

(11) Includes contingent and general reserves, capital surplus and the re- 
fundable portion of the Excess Profits Tax. 



NOVEMBER 1950 



184 



V— FINANCIAL STATISTICS : 45 FOOD PRODUCTS COMPANIES*! 

Bank of Canada 



Millions of Dollars PROFIT STATISTICS : 


SUMMARY 


STATEMENT 












Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)* 1 ' 


24.2 

5.7 

.8 

1.4 

17.9 
4.5 

13.4 

6.9 

6.5 


22.7 

5.7 

.8 

1.3 

16.5 
6.7 

9.8 

7.1 

2.7 


27.1 
6.1 
1.0 
1.3 

20.7 
10.2 

10.5 

9.4 

1.1 


30.8 

6.2 

.9 

1.2 

24.3 
12.8 

11.5 

6.5 

5.0 


33.3 
6.2 
1.1 
1.1 

27.1 
15.6 

11.5 

5.7 

5.8 


34.9 
6.3 
1.1 
1.0 

28.7 
16.6 

12.1 

7.1 

5.0 


32.7 

6.3 

1.2 

.9 

26.7 
15.4 

11.3 

6.2 

5.1 


32.2 

6.8 

1.4 

.8 

26.0 
12.9 

13.1 

7.8 

5.3 


38.5 
7.5 
1.1 

.8 

31.3 
14.7 

16.6 

8.1 

8.5 


42.3 

8.9 

1.6 

.9 

34.1 
12.6 

21.5 

8.1 

13.4 


47.4 


Depreciation ' 


11.3 
1.5 

1.0 

36.6 
15.0 

21.6 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision* 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion). . 

Net Income to Stockholders'" 


Net Income Paid Out in Cash Dividends 


10 1 


Undistributed Income' 1 ' 


11.5 







SOURCE AND 


USE OF FUNDS"' 
















Net Source of Funds 
Net Income to Stockholders 


13.4 
6.9 

6.5 
5.7 

12.2 

12.2 


9.8 

7.1 

2.7 
5.7 

8.4 

8.4 


10.5 

9.4 

1.1 
6.1 

7.2 

7.2 


11.5 

6.5 

5.0 
6.2 

11.2 
.2 

11.4 


11.5 

5.7 

5.8 
6.2 

12.0 
.3 

12.3 


12.1 

7.1 

5.0 
6.3 

11.3 
1.2 

12.5 


11.3 

6.2 

5.1 
6.3 

11.4 
.8 

12.2 


13.1 

7.8 

5.3 
6.8 

12.1 
.5 

12.6 


16.6 

8.1 

8.5 
7.5 

16.0 
.1 

15.9 


21.5 
8.1 

13.4 
8.9 

22.3 
.8 

23.1 


21.6 




10.1 
11.5 


Undistributed Profits 


Depreciation Charges 


11.3 


Other Non-cash Charges Against Current Income u > < 4) . . . . 
Total Funds From Current Income 


22.8 




.2 


Total Net Sources of Funds 


23.0 






Net Use of Funds 

Investment in Plant, Property and Equipment 


4.2 

8.4 

.5 

2.8 

1.1 

16.0 
3.8 

12.2 


4.3 

.1 

1.3 

1.2 

.8 

6.1 
2.3 

8.4 


5.1 

17.6 

.8 

1.5 
.1 
.3 

25.4 
18.2 

7.2 


3.4 

9.9 

1.8 

.8 

1.9 

.1 

.8 

6.3 

17.7 

11.4 


3.3 
9.5 
2.8 
2.0 
2.1 
.2 
5.5 

25.4 
13.1 

12.3 


4.3 
4.3 
3.0 
2.4 
.2 
1.1 

4.1 
8.4 

12.5 


5.2 
.3 
.5 

1.1 

3.2 

1.1 

.9 

8.9 
3.3 

12.2 


11.2 

12.9 

1.6 

1.9 

.1 
1.1 

22.8 
10.2 

12.6 


21.2 

24.8 

.2 

7.1 

.2 

1.5 

37.8 
21.9 

15.9 


19.8 
.4 
1.3 
.5 
2.6 
5.3 
1.7 

14.8 
8.3 

23.1 


18.6 

1.8 

.7 

1.9 


Investment in Inventories 


Investment in Other Companies 


Investment in Refundable Excess Profits Tax 


Redemption of Funded Debt 


.5 


Redemption of Preferred Stock 


2.8 
.8 


Increase in Misc. Assets (less Misc. Liabilities) 


Sub-Total 


20.7 
2.3 

23 


Increase in Working Capital ex. Inventories'" 


Total Net Uses of Funds 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


11.2 
17.4 
20.6 
44.2 

93.4 
11.1 
14.3 

5.5 
1.2 

61.3 

75.7 
3.0 

10.2 

150.2 


10.7 
18.0 
25.5 
44.2 

98.4 

12.0 

14.0 

8.0 

1.1 

63.3 

74.4 
4.3 

9.6 

151.6 


6.7 
17.0 
33.6 
61.8 

119.1 
18.2 

24.8 

12.3 

1.1 

62.7 

73.0 
5.1 

9.8 

150.6 


15.0 
20.6 
32.0 
52.0 

119.6 

15.9 

20.5 

11.3 

1.1 

70.8 

.8 

70.3 

3.3 

9.4 

154.6 


12.6 
29.1 
24.7 
61.5 

127.9 

18.2 

25.9 

15.2 

1.1 

67.5 
2.8 

67.1 
6.1 
4.8 
9.8 

158.1 


14.9 
28.3 
26.5 
57.2 

126.9 

20.0 

16.8 

17.2 

1.4 

71.5 
5.2 

64.9 
9.3 
4.9 
9.5 

165.3 


13.8 
30.7 
24.5 
56.9 

125.9 

22.0 

11.8 

15.6 

1.3 

75.2 
6.3 

67.3 
8.7 
3.5 
9.9 

170.9 


15.6 
24.2 
28.2 
69.9 

137.9 

27.2 

17.2 

13.8 

1.5 

78.2 
6.2 

72.7 
9.6 
2.8 
9.7 

179.2 


11.4 

15.4 
35.1 
94.7 

156.6 

30.8 

26.3 

14.9 

1.6 

83.0 
6.0 

86.5 
9.7 
1.8 
9.7 

196.7 


12.2 
12.8 
38.9 
95.1 

159.0 
33.8 

17.7 

12.7 

1.6 

93.2 

4.9 

100.7 

11.0 

.6 

11.7 

222.1 


19.7 




13.9 




41.9 




96.8 




172.3 




36.1 

23.4 

13.2 

2.2 

97.4 












3.0 




107.8 




11.7 




.6 


Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total . 


11.0 
231.5 






Capital and Surplus 

Funded Debt' 10 ' 


27.7 
.1 
23.6 
58.3 
40.5 

150.2 


26.5 
.8 
23.6 
57.8 
42.9 

151.6 


24.9 
.2 
23.6 
57.4 
44.5 

150.6 


23.0 

.6 

23.5 

57.7 
49.8 

154.6 


20.9 
.4 
20.8 
57.4 
58.6 

158.1 


21.0 
.2 
22.1 
58.5 
63.5 

165.3 


18.1 
.5 
21.2 
59.3 
71.8 

170.9 


20.2 
.5 
21.1 
59.8 
77.6 

179.2 


27.3 
1.1 
20.8 
59.8 
87.7 

196.7 


29.9 
.5 
26.3 
62.1 
103.3 

222.1 


30.7 




1.9 




23.5 




62.3 




113.1 


Total 


231.5 

















Note: for footnotes see page 183. 



185 



Millions of Dollars 



NOVEMBER 1950 



FINANCIAL STATISTICS : 15 BEVERAGE COMPANIES*t 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)' 1 ' 


9.9 

1.8 

.6 

.2 

8.5 
1.8 

6.7 

4.0 

2.7 


10.6 

1.9 

.6 

.2 

9.1 
3.6 

5.5 

4.6 

.9 


14.8 

2.1 

.6 

.2 

13.1 
6.2 

6.9 

8.4 

1.5 


18.9 

2.2 

.5 

.2 

17.0 
8.8 

8.2 

4.9 

3.3 


18.9 

2.0 

.4 

.1 

17.2 
9.6 

7.6 

4.6 

3.0 


24.6 

2.1 

1.1 

.2 

23.4 
14.0 

9.4 

4.7 

4.7 


36.2 
2.2 

.7 
.4 

34.3 
22.0 

12.3 

5.6 

6.7 


48.1 

3.1 

1.1 

.4 

45.7 
24.9 

20.8 

7.4 

13.4 


41.0 

3.8 

1.2 

.5 

37.9 
17.2 

20.7 
10.1 

10.6 


39.4 

5.3 

1.4 

.8 

34.7 
13.6 

21.1 

18.6 

2.5 


37.5 
6.5 
1.5 
1.0 

31.5 
13.5 

18 




Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision*" 

Income & E. P. Tax Provision (ex. Refundable Portion) . . 

Net Income to Stockholders'" 




12 9 


Undistributed Income' 1 ' 


5 1 







SOURCE AND USE OF FUNDS'" 
















Net Source of Funds 


6.7 
4.0 

2.7 
1.8 

4.5 

4.5 


5.5 

4.6 

.9 
1.9 

2.8 

2.8 


6.9 

8.4 

1.5 

2.1 

.2 

.8 
.8 


8.2 
4.9 

3.3 

2.2 

.2 

5.7 
5.7 


7.6 
4.6 

3.0 

2.1 

.3 

5.4 
.3 

5.7 


9.4 
4.7 

4.7 

2.1 

.2 

7.0 
.1 

7.1 


12.3 
5.6 

6.7 
2.2 

8.9 
9.9 

18.8 


20.8 
7.4 

13.4 
3.1 

16.5 
5.6 

22.1 


20.7 
10.1 

10.6 

3.6 

.1 

14.3 
4.0 

18.3 


21.1 

18.6 

2.5 

5.2 

.1 

7.8 
7.8 


18 


Cash Dividends 


12 9 


Undistributed Profits 


5 1 




6 3 


Other Non-cash Charges Against Current Income '" <*>. . . . 
Total Funds From Current Income 


.2 
11.6 






Total Net Sources of Funds 


11.6 






Net Use of Funds 


1.4 
.7 
.4 

.3 

.7 

3.5 
1.0 

4.5 


2.0 

1.7 

.2 

.3 
.5 
.2 

3.9 
1.1 

2.8 


1.4 

2.9 

.8 

.6 
.1 
.9 

5.1 
4.3 

.8 


.6 
3.7 

.5 
.2 
.1 
.9 

4.2 
1.5 

5.7 


.4 
.1 
.4 
1.2 
1.4 
1.1 
1.1 

1.9 
3.8 

5.7 


3.5 
1.9 
.2 
2.2 
1.7 
2.0 
2.7 

6.8 
.3 

7.1 


7.1 
3.4 
.4 
3.5 
6.8 
5.5 
5.6 

18.7 
.1 

18.8 


9.8 
5.3 

1.7 

1.0 

.9 

.1 

1.1 

19.7 
2.4 

22.1 


18.8 

13.4 

1.1 

7.2 

7.1 

19.0 
.7 

18.3 


16.1 

8.8 

1.5 

.4 

10.9 

.3 

4.4 

11.0 
3.2 

7.8 


9 7 




1 4 




6 


Investment in Refundable Excess Profits Tax 


1.3 




1.5 




.2 


Increase in Misc. Assets (less Misc. Liabilities) 


1.3 


Sub-Total 


13.4 


Increase in Working Capital ex. Inventories'" 


1.8 


Total Net Uses of Funds 


11.6 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


4.5 

8.1 

4.5 

13.2 

30.3 
1.9 
1.2 
2.5 

24.7 

26.3 

4.7 

3.6 
59.3 


3.7 

9.1 

5.4 

14.9 

33.1 
2.2 
1.5 
4.3 

25.1 

26.7 
4.7 

3.6 

60.1 


4.2 

7.7 

6.5 

17.7 

36.1 
3.6 
1.5 
5.7 
1.5 

23.8 

26.3 
3.3 

3.4 

56.8 


5.1 

8.0 

7.1 

21.5 

41.7 
4.0 
1.4 
7.1 

29.2 

.5 

25.0 

3.2 

3.2 

61.1 


6.5 
10.5 

6.1 
21.4 

44.5 

3.9 

.7 

7.0 

32.9 
1.7 

23.6 
2.9 

3.5 

64.6 


8.2 
14.8 

6.8 
23.2 

53.0 
4.9 
3.7 
9.4 

35.0 
3.9 

25.1 
3.1 

3.0 

70.1 


13.1 

13.1 

8.6 

26.6 

61.4 
6.4 
1.3 

15.0 
.2 

38.5 
7.6 

31.6 
3.6 

7.9 

89.2 


14.0 

14.3 

8.9 

31.9 

69.1 
7.3 
2.3 

12.6 
.2 

46.7 
8.5 

38.3 
5.4 

8.0 

106.9 


15.5 
15.4 
11.2 
45.3 

87.4 
9.8 
9.5 

11.9 
.5 

55.7 
7.7 

53.1 
6.7 

9.0 

132.2 


9.6 
23.7 

9.8 
54.1 

97.2 

10.6 

6.5 

9.9 

.7 

69.5 
7.1 

64.1 
6.7 

8.2 

155.6 


11.3 
21.7 
12.2 
55.5 

100.7 

11.4 

9.7 
.7 

70.4 
5.6 

(17.7 
7.1 

9.5 

160.3 








Total Current Assets 






Accrued Interest and Dividends Payable 


Net Working Capital 


Refundable Portion of Excess Profits Tax 


Plant Property and Equipment (Net)'" 






Miscellaneous Assets Less Miscellaneous Liabilities"*. . . . 
Total 




Capital and Surplus 

Funded Debt' 10 ' 


2.4 

.3 

10.9 

27.1 

19.2 

59.3 


2.7 

.6 

10.4 

27.1 

20.5 

60.1 


2.0 

1.1 

10.3 

26.6 

19.0 

56.8 


1.8 

.1 

10.2 

26.6 

22.4 

61.1 


3.4 
.5 

9.2 
26.9 
25.6 

64.6 


5.1 

1.9 

11.2 

27.0 

28.7 

70.1 


11.9 

2.4 

5.6 

37.0 

37.1 

89.2 


11.0 

2.8 

5.7 

42.6 

50.4 

106.9 


18.3 

5.1 

5.7 

46.6 

86.7 

132.2 


29.3 

1.3 

5.4 

46.6 

75.6 

155.6 


28.1 

2 1 


Loans from Parent and Other Companies (Net) 




5.2 1 




46.6 
82.fi 

160.3 


Earned Surplus and Surplus Reserves"" 


Total 






Note: for footnotes see page 183. 



NOVEMBER 1950 

V— FINANCIAL STATISTICS : 23 PRIMARY TEXTILE COMPANIES*! 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



186 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1938 


Net Operating Profit (Before Depreciation) '" 


14.1 

4.6 

.8 

.6 

9.7 
2.5 

7.2 

4.2 

3.0 


21.5 

5.2 

.9 

.6 

16.6 
10.1 

6.5 

4.2 

2.3 


28.7 

5.5 

1.1 

.6 

23.7 
16.7 

7.0 

4.4 

2.6 


28.3 

5.4 

1.2 

.5 

23.6 
15.7 

7.9 

4.5 

3.4 


16.9 

3.7 

1.2 

.5 

13.9 
7.5 

6.4 

4.4 

2.0 


18.8 

4.2 

1.2 

.6 

15.2 
7.3 

7.9 

4.5 

3.4 


17.5 
3.8 
1.3 

.7 

14.3 

7.2 

7.1 

4.5 

2.6 


16.8 
4.0 
1.3 

.7 

13.4 
6.3 

7.1 

5.7 

1.4 


22.9 
5.2 
1.2 

.7 

18.2 

7.9 

10.3 

6.4 

3.9 


37.7 
6.6 
1.5 

.8 

31.8 
10.7 

21.1 

6.9 

14.2 


32 1 


Depreciation '*' 


9.4 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision*" 

Income & E. P. Tax Provision (ex. Refundable Portion) . . 

Net Income to Stockholders'" 


1.5 
.8 

23.4 
8.8 

14.6 


Net Income Paid Out in Cash Dividends 


7.4 


Undistributed Income*" 


7.2 







SOURCE AND USE OF FUNDS") 
















Net Source of Funds 
Net Income to Stockholders 


7.2 
4.2 

3.0 
4.6 

7.6 

7.6 


6.5 
4.2 

2.3 
5.2 

7.5 

7.5 


7.0 
4.4 

2.6 
5.5 

8.1 

8.1 


7.9 
4.5 

3.4 

5.4 

8.8 
8.8 


6.4 

4.4 

2.0 
3.7 

5.7 
.6 

6.3 


7.9 
4.5 

3.4 

4.2 

7.6 
.4 

8.0 


7.1 
4.5 

2.6 
3.8 

6.4 

6.4 


7.1 

5.7 

1.4 

4.0 

5.4 
.9 

6.3 


10.3 
6.4 

3.9 

5.2 

.1 

9.2 

1.7 

10.9 


21.1 
6.9 

14.2 

6.6 

.1 

20.9 
.1 

21.0 


14.6 




7.4 


Undistributed Profits 


7.2 




9.4 


Other Non-cash Charges Against Current Income"' (4 >. . . . 
Total Funds From Current Income 


.1 

16.7 


Issue of Common Stock 




Total Net Sources of Funds 


16.7 






Net Use of Funds 

Investment in Plant, Property and Equipment 


2.9 

1.7 
.1 

.4 

.3 

4.8 
2.8 

7.6 


4.9 

4.0 

.5 

.4 
.2 

9.0 
1.5 

7.5 


3.4 
3.5 

.4 

2.1 
.4 

9.0 
.9 

8.1 


2.4 
1.8 

.5 
1.7 

.5 

.6 

5.3 
3.5 

8.8 


1.4 
7.1 
.2 
.8 
.5 
.5 
.7 

3.4 
9.7 

6.3 


3.2 
1.7 
.2 
.7 
6.2 
1.3 
2.6 

.1 
7.9 

8.0 


3.3 

1.4 

.1 

.6 

.2 

2.6 

8.2 
1.8 

6.4 


10.4 
8.9 
2.8 

2.0 

.6 

20.7 
14.4 

6.3 


12.0 
3.5 
1.6 

3.9 
3.4 

.7 

9.1 
1.8 

10.9 


13.7 
5.0 
3.7 
1.1 

.9 

.2 

20.6 
.4 

21.0 


13.7 




4.0 


Investment in Other Companies 


.2 


Investment in Refundable Excess Profits Tax 


.6 


Redemption of Funded Debt 


1.0 


Redemption of Preferred Stock 




Increase in Misc. Assets (less Misc. Liabilities) 


.1 


Sub-Total 


18.0 


Increase in Working Capital ex. Inventories' 5 ' 


1.3 


Total Net Uses of Funds 


16.7 




1 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


5.3 

11.8 
10.5 
15.7 

43.3 

4.4 

1.2 

2.8 

.3 

34.6 

45.8 
4.9 

1.5 

86.8 


5.6 
15.6 
11.7 
19.7 

52.6 

5.4 

1.2 

9.3 

.4 

36.3 

45.5 
4.4 

1.6 

87.8 


7.1 
19.1 
14.2 
23.2 

63.6 
5.5 
3.0 

15.6 
.5 

39.0 

43.4 
4.0 

1.8 

88.2 


5.7 
23.8 
13.5 
25.0 

68.0 
5.1 
4.2 

14.3 

.4 

44.0 
1.7 

40.3 

3.4 

.4 

1.9 

90.9 


5.7 
27.5 
10.3 
17.9 

61.4 

6.0 

2.3 

5.9 

.3 

46.9 
2.4 

38.7 

3.1 

.7 

1.7 

92.1 


8.8 

29.4 
13.0 
16.2 

67.4 

5.2 

1.6 

6.9 

.5 

53.2 
2.7 

36.6 

3.2 

.1 

2.5 

98.1 


5.7 
35.1 
11.0 
17.6 

69.4 

6.6 

2.8 

6.2 

.4 

53.4 
3.3 

38.4 

3.3 

.2 

3.2 

101.8 


4.2 

24.0 
11.7 
26.5 

66.4 
8.9 
3.5 
4.4 
.8 

48.8 
3.2 

45.0 

6.1 

.6 

1.9 

105.6 


7.2 

23.6 
11.4 
29.9 

72.1 
8.8 
2.7 
5.7 

.4 

54.5 
3.2 

51.8 

7.7 

.1 

2.2 

119;5 


6.8 
24.3 
16.2 
35.0 

82.3 

11.8 

2.1 

8.6 

.4 

59.4 

1.9 

58.6 

11.7 

2.3 

133.9 


5.2 




24.5 




19.3 




38.9 


Total Current Assets 


87.9 




11.3 




8.3 




5.8 




.4 




62.1 




1.3 




63.7 




11.5 






Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total. 


2.0 
140.6 






Capital and Surplus 

Funded Debt' 10 ) . . 


13.1 
.1 
20.0 
34.8 
18.8 

86.8 


13.1 
.1 
19.6 
34.8 
20.2 

87.8 


10.9 
.4 
19.2 
34.8 
22.9 

88.2 


10.4 
.2 
19.2 
34.8 
26.3 

90.9 


8.7 

.1 

18.7 

35.4 

29.2 

92.1 


14.9 
.1 
17.4 
36.0 
29.7 

98.1 


14.8 
.1 
17.3 
36.1 
33.5 

101.8 


18.1 

17.3 

37.0 
33.2 

105.6 


22.3 
.2 
20.7 
38.8 
37.5 

119.5 


23.2 
.3 

20.7 
38.9 
50.8 

133.9 


22.2 


Loans from Parent and Other Companies (Net) 






20.7 




38.9 




58.8 


Total 


140.6 







Note: for footnotes see page 183. 



187 



NOVEMBER 1950 
V— FINANCIAL STATISTICS : 23 PULP AND PAPER PRODUCTS COMPANIES*! 

Bank of Canada 



Millions of Dollars PROFI1 SI All! 


STICS 


: SU.\ 


I MAR 


if ST A 


TEME 


NT 












Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)"' 


37.2 

16.5 

.5 

10.7 

10.5 
2.9 

7.6 

4.6 

3.0 


64.3 

25.4 

.9 

11.2 

28.6 
13.4 

15.2 

7.6 

7.6 


73.5 

26.0 

1.3 

11.0 

37.8 
21.5 

16.3 

8.2 

8.1 


62.0 

26.5 

1.4 

10.4 

26.5 
13.5 

13.0 

6.8 

6.2 


62.1 

26.7 

1.7 

10.1 

27.0 
14.9 

12.1 

6.3 

5.8 


65.6 

26.0 

1.5 

9.7 

31.4 
16.9 

14.5 

8.2 

6.3 


63.6 

24.7 

2.0 

9.0 

31.9 
16.1 

15.8 

8.7 

7.1 


107.8 

27.6 

2.0 

8.0 

74.2 
39.9 

34.3 

18.0 

16.3 


144.0 

28.5 

1.7 

5.8 

111.4 

57.0 

54.4 

23.1 

31.3 


161.7 

31.5 

2.1 

5.8 

126.5 
49.1 

77.4 

30.3 

47.1 


155.9 




34 7 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision* 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion). . 

Net Income to Stockholders' 1 ' 


3.7 

5.7 

119.2 
48.8 

70.4 




37.2 




33.2 







SOURCE AND USE OF FUNDS"' 
















Net Source of Funds 

Net Income to Stockholders 


7.6 
4.6 

3.0 

15.6 

2.8 

21.4 
21.4 


15.2 
7.6 

7.6 

23.6 

2.2 

33.4 
2.8 

36.2 


16.3 
8.2 

8.1 

24.1 

2.3 

34.5 
34.5 


13.0 
6.8 

6.2 

24.7 

2.2 

33.1 
33.1 


12.1 
6.3 

5.8 

25.1 

1.9 

32.8 
32.8 


14.5 
8.2 

6.3 

24.1 

2.2 

32.6 
.5 

33.1 


15.8 
8.7 

7.1 

22.6 

2.3 

32.0 
32.0 


34.3 
18.0 

16.3 

25.3 

2.4 

44.0 
4.0 

48.0 


54.4 
23.1 

31.3 

26.2 

2.4 

59.9 
59.9 


77.4 
30.3 

47.1 

29.1 

2.4 

78.6 
.8 

79.4 


70.4 


Cash Dividends 


^7:' 


Undistributed Profits 


33.2 


Depreciation Charges 


32.7 


Other Non-cash Charges Against Current Income < 2 > M > . . . . 
Total Funds From Current Income 


1.9 
67.8 


Issue of Common Stock 


.1 


Total Net Sources of Funds 


67.9 






Net Use of Funds 

Investment in Plant, Property and Equipment 


4.4 

5.8 

.6 

3.3 

.6 

1.1 

4.2 
17.2 

21.4 


9.3 
7.6 
1.3 

6.8 

.6 

5.4 

31.0 
5.2 

36.2 


9.7 

2.9 

.8 

9.7 

.1 

1.6 

24.8 
9.7 

34.5 


10.7 

6.6 

.1 

.4 

5.7 

7.1 

16.4 
16.7 

33.1 


5.5 
5.7 

.7 
1.0 
3.7 

.8 
4.9 

.3 

33.1 

32.8 


10.4 
6.6 
1.3 
1.5 
8.7 
.1 
1.6 

27.0 
6.1 

33.1 


21.0 
12.3 
1.0 
1.0 
5.0 
.2 
3.4 

43.9 
11.9 

32.0 


31.6 

22.1 

1.4 

.1 

22.6 

1.0 

8.7 

87.5 
39.5 

48.0 


44.4 
43.4 

2.7 

2.4 

.3 

1.4 

89.8 
29.9 

59.9 


48.4 
30.8 
1.8 
.3 
4.4 
4.9 
2.4 

69.0 
10.4 

79.4 


28.2 


Investment in Inventories 


26.9 


Investment in Other Companies 


.3 


Investment in Refundable Excess Profits Tax 


.6 




9.6 


Redemption of Preferred Stock 


2.8 


Increase in Misc. Assets (less Misc. Liabilities) 


1.7 


Sub-Total 


15.1 


Increase in Working Capital ex. Inventories'" 


52.8 


Total Net Uses of Funds 


67.9 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 



Marketable Securities 

Current Accounts Receivable. 
Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable. 



Net Working Capitai 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets Less Miscellaneous Liabilities'". 

Total 



Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net). 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 



9.8 

5.0 

26.8 

60.4 

102.0 

16.2 

10.3 

3.5 

4.1 

67.9 

369.1 
8.1 

8.7 

453.8 



209.9 
14.7 
87.5 
80.4 
61.3 



18.6 

7.3 

26.5 

67.9 

120.3 

19.0 

1.9 

15.5 

3.4 

80.5 

352.3 
9.2 

7.0 

449.0 



188.2 
9.5 

78.8 
102.5 

70.0 



29.2 

7.1 

32.8 

70.8 

139.9 

20.6 

1.7 

23.4 

3.3 

90.9 

336.2 
10.0 

8.7 

445.8 



177.7 
8.8 

78.6 
102.5 

78.2 



TOTAL 453.8 449.0 445.8 453.1 457.9 459.5 461.1 453.8 488.5 555.7 574.5 



20.5 
26.7 
31.1 
77.5 

155.8 
18.9 

7.4 
11.6 

3.5 

114.4 

.4 

321.1 

10.6 

6.6 

453.1 



171.7 
14.2 
78.4 

102.5 
86.3 



24.5 
50.6 
35.1 
71.8 

182.0 
19.0 

3.6 
16.2 

2.9 

140.3 
1.4 

300.1 
9.9 

6.2 

457.9 



167.2 
17.9 
77.3 

102.5 
93.0 



30.5 
55.4 
34.5 
78.5 

198.9 

22.1 

2.8 

16.1 

3.1 

131. S 

3.1 

285.0 

11.2 

5.4 

459.5 



158.1 

20.1 

77. 2 

103.0 

101.1 



14.3 
63.0 
35.5 
90.7 

203.5 

25.8 

6.3 

11.9 

3.0 

156.5 

3.8 

282.3 

12.3 

.7 
6.9 



461.1 



153.6 
23.6 
73.2 

L06.7 

104.0 



23.8 

27.9 

44.2 

112.8 

208.7 

30.3 

6.0 

25.8 

4.2 

142.4 

3.0 

287.5 

12.9 

.2 

8.2 



453.8 



138.3 

1.3 

73.3 

110.8 

132.7 



19.7 

22.6 

54.5 

156.2 

253.0 
41.7 

5.8 
38.6 

6.3 

160.6 
2.7 

303.9 

15.7 

5.6 
488.5 



140. S 

.A 

71.9 

112.0 

164.2 



31.0 

18.2 

60.1 

187.0 

296.3 
41.8 

1.9 
34.6 
11.1 

206.9 

1.7 

323.2 

18.0 

5.9 



555.7 



145.5 
.3 

112.8 
220.3 



Note: for footnotes see page 183. 



NOVEMBER 1950 

V— FINANCIAL STATISTICS : 45 IRON, STEEL & PRODUCTS COMPANIES*! 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



188 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation) (1) 


20.9 

4.4 

.9 

.5 

16.9 
4.2 

12.7 

G.S 

5.9 


27.7 

6.0 

.9 

.4 

22.2 
10.1 

12.1 

7.7 

4.4 


42.8 

12.8 

.9 

.3 

30.6 
16.9 

13.7 

7.7 

6.0 


57.3 

20.1 
.7 

.3 

37.6 

22.6 

15.0 

8.3 

6.7 


52.3 

16.7 
.9 

.3 

36.2 
21.0 

15.2 

6.7 

8.5 


39.4 

10.3 
.9 

.2 

29.8 
16.1 

13.7 

5.7 

8.0 


31.1 

7.0 
1.2 

.1 

25.2 
12.7 

12.5 

5.9 

6.6 


30.2 

5.7 
2.6 

.1 

27.0 
12.4 

14.6 

12.2 

2.4 


44.7 

8.0 
2.1 

.6 

38.2 
17.7 

20.5 

12.0 

8.5 


59.9 

10.1 
1.6 

.8 

50.6 
19.5 

31.1 

13.1 

18.0 


67.8 




13.7 
2.4 

.9 

55.6 
22.0 

33.6 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision'" 

Income & E. P. Tax Provision (ex. Refundable Portion) • • 

Net Income to Stockholders"' 




17.4 
16 2 


Undistributed Income' 1 ' 







SOURCE AND USE OF FUNDS"' 



Net Source of Funds 

Net Income to Stockholders 

Cash Dividends 

Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges Against Current Income"' < 4 ' 

Total Funds From Current Income 

Issue of Common Stock 

Total Net Sources of Funds 

Net use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock 

Increase in Misc. Assets (less Misc. Liabilities) 

Sub-Total 

Increase in Working Capital ex. Inventories' 5 ' 

Total Net uses of Funds 



12.7 
6.8 



5.9 

4.4 
.1 



10.4 
.6 

11.0 



12.1 

7.7 

4.4 

6.0 

.1 

10.5 
.5 

11.0 



13.7 

7.7 



6.0 

12.8 

.1 

18.9 
2.6 

21.5 



15.0 
8.3 

6.7 

20.1 

.1 

26.9 
.1 

27.0 



25.3 
1.8 

27.1 



18.3 
2.0 

20.3 



12.5 
5.9 

6.6 
7.0 



13.6 
1.2 

14.8 



14.6 
12.2 

2.4 
5.7 



8.1 



8.1 



20.5 

12.D 

8.5 
8.0 



16.5 
1.0 

17.5 



31.1 

13.1 

18.0 
10.1 



28.1 
1.8 

29.9 



4.2 
.3 
.4 

1.0 

2.0 

7.1 
3.9 

11.0 



10.4 
L3.4 

.7 

2.0 



24. S 
13.8 

11.0 



IS. 8 

D.2 

.3 

.2 

5.8 

22.1 
.6 

21.5 



13.8 

4.1 

.5 

2.3 

.8 

.1 

1.5 

20.1 
6.9 

27.0 



6.5 
1.1 

1.4 

:;.2 

1.3 

.7 

9.2 

17.9 

27.1 



9.5 
9.0 

1.8 

3.3 

.1 

3.6 

9.1 
11.2 

20.3 



14.1 

2.9 

.4 

1.1 

.3 

.6 

5.4 

24.8 
10.0 

14.8 



14.6 

7.7 

.2 

.1 

1.4 

2.2 



19.0 
10.9 



8.1 



22.4 

17.6 

3.3 

24.3 

.4 
2.2 

17.2 



17.5 



23.0 

13.4 

.4 

1.5 

4.1 



30.8 
.9 

29.9 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt'"" 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 1 " 

Total 



15.9 
14.2 
17.6 
34.1 

81.8 
9.0 

2.1 
4.6 
2.0 

64.1 

67.6 
11.9 

1.8 

145.4 



11.3 
10.9 

24.7 
47.5 

94.4 

14.9 

3.1 

10.7 

2.2 

63.5 

71.8 
11.5 

1.7 

148.5 



16.8 
13.8 
30.3 
56.8 

117.7 

23.4 

2.4 

18.3 

1.7 

71.9 

77.8 

10.9 

8.2 

2.0 

154.4 



16.9 
27.8 
32.2 
60.9 

137.8 

29.0 
2.8 

21.6 
1.4 

83.0 

2.2 

71.5 

11.6 

8.<J 
1.5 

160.9 



18.1 
35.3 
28.0 
59.7 

141.1 

22.7 
1.7 

15.0 
1.2 

99.9 
5.5 

60.9 

9.9 

6.6 

.9 

170.5 



20.3 
42.2 
24.3 
50.7 

137.5 

21.4 
1.4 

11.0 
1.1 

102.6 
7.2 
61.1 
9.9 
5.3 
2.2 

177 7. 



15.5 
36.2 
21.9 
53.6 

127.2 

21.1 

1.2 

8.2 

1.2 

95.5 

7.2 

68.5 

10.3 

.6 

3.3 

185.4 



17.5 
22.3 
25.1 
61.4 

126.3 

20.3 

1.5 

10.1 

1.1 

93.3 

7.2 

79.1 

10.5 

1.8 

2.1 

190.4 



15.9 
27.0 
38.5 
78.9 

160.3 

28.5 

4.4 

14.0 

1.0 

111.8 

6.9 

92.9 

13.8 

2.0 

2.5 

225.9 



22.5 
20.1 
45.0 
92.4 

180.0 
32.3 

.9 
15.1 

2.4 

129.3 
3.9 

105.9 

13.3 

1.7 

2.5 

253.2 



9.5 

2.8 

17.0 

70.5 

45.6 



6.9 

3.6 

17.0 

71.0 

50.0 



1.5 
17.0 

74.2 
55.1 



5.8 

1.7 

16.9 

74.4 

62.1 



5.8 

2.9 

15.6 

76.3 

69.9 



2.8 

2.9 

15.9 

78.5 

77.6 



2.5 

3.5 

15.1 

79.7 

84.6 



4.0 

2.5 

15.1 

79.7 

89.1 



28.3 
5.0 
14.6 
80.9 
97.1 



32.4 

1.1 

14.6 

82.6 

122.5 



145.4 



148.5 



154.4 



160.9 



170.5 



177.7 



185.4 



190.4 



225.9 



253.2 



Note: for footnotes see page 183. 



189 

V— FINANCIAL STATISTICS : 49 MACHINERY COMPANIES*t (EXCL. 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



NOVEMBER 
ELECTRICAL) 



1950 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)' 1 ' 

Depreciation <2) 


13.8 

5.4 
3.1 

.7 

10.8 
2.2 

8.6 

4.8 

3.8 


30.9 
7.6 
1.0 

.7 

23.6 
10.9 

12.7 

8.0 

4.7 


57.2 

14.2 

1.8 

.8 

44.0 
26.4 

17.6 

7.5 

10.1 


77.4 

18.2 

2.2 

.8 

60.6 
38.9 

21.7 

8.0 

13.7 


75.3 

17.2 

2.6 

1.0 

59.7 

40.5 

19.2 

8.2 

11.0 


54.8 
9.6 
2.8 

.7 

47.3 
29.3 

18.0 

6.5 

11.5 


46.6 

7.8 

2.8 

.6 

41.0 
23.9 

17.1 

6.5 

10.6 


36.5 

7.1 

3.0 

.5 

31.9 

15.8 

16.1 

16.2 

.1 


62.9 

7.9 

3.2 

.6 

57.6 

27.0 

30.6 

14.7 

15.9 


84.1 

9.7 

4.1 

.8 

77.7 
31.2 

46.5 

16.9 

29.6 


113.4 
12.9 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision'" 

Income & E. P. Tax Provision (ex. Refundable Portion). . 

Net Income to Stockholders'" 


3.7 

1.2 

103.0 

42.7 

60 3 


Net Income Paid Out in Cash Dividends 




Undistributed Income' 1 ' 


40 







SOURCE 


AND USE ( 


DF FUNDS' 1 ' 
















Net Source of Funds 

Net Income to Stockholders 


8.6 
4.8 

3.8 
5.4 

9.2 
.7 

9.9 


12.7 
8.0 

4.7 
7.6 

12.3 
.1 

12.4 


17.6 
7.5 

10.1 
14.2 

24.3 
.2 

24.5 


21.7 
8.0 

13.7 
18.2 

31.9 

31.9 


19.2 
8.2 

11.0 
17.2 

28.2 

28.2 


18.0 
6.5 

11.5 
9.6 

21.1 

21.1 


17.1 

6.5 

10.6 
7.8 

18.4 
.1 

18.5 


16.1 
16.2 

.1 
7.1 

7.0 

.4 

7.4 


30.6 
14.7 

15.9 

7.8 

.1 

23.8 
.5 

24.3 


46.5 
16.9 

29.6 

9.6 

.1 

39.3 
1.7 

41.0 


60 3 




20.3 


Undistributed Profits 


40 


Depreciation Charges 


12 8 


Other Non-cash Charges Against Current Income (J "«>. . . . 
Total Funds From Current Income 


.1 
52 9 


Issue of Common Stock 


4 


Total Net Sources of Funds 


53.3 






Net Use of Funds 


7.2 
.6 

7.0 

1.8 

.4 
1.1 

10.3 
.4 

9.9 


9.0 
19.1 
4.5 

.5 

.3 

6.2 

18.2 
5.8 

12.4 


16.3 

31.0 

3.5 

.6 

.2 

5.2 

46.4 
21.9 

24.5 


14.3 

8.3 

7.4 

3.3 

.9 

8.1 

5.3 
37.2 

31.9 


12.1 
9.5 
2.7 
6.7 
1.2 
1.5 
1.9 

26.4 
1.8 

28.2 


6.1 

10.4 

.2 

3.7 

1.3 

10.4 

10.9 
10.2 

21.1 


11.3 
2.3 
1.6 
2.6 
4.2 
1.9 

10.3 

18.0 
.5 

18.5 


15.3 

21.2 

7.3 

1.4 
1.5 
8.2 

38.5 
31.1 

7.4 


19.3 

39.1 

2.8 

4.9 

.4 

4.1 

55.2 
30.9 

24.3 


20.0 

22.8 

6.6 

2.4 

15.3 

.2 

9.5 

22.4 
18.6 

41.0 


18.0 




9 4 


Investment in Other Companies 


10 1 


Investment in Refundable Excess Profits Tax 


3 6 


Redemption of Funded Debt 


1 4 


Redemption of Preferred Stock 


2.4 


Increase in Misc. Assets (less Misc. Liabilities) 


4.5 


Sub-Total 


.4 


Increase in Working Capital ex. Inventories'" 


52.9 


Total Net uses of Funds 


53.3 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capitai 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 1 " 

Total 



16.4 

8.2 

41.4 

55.5 

121.5 

10.3 

11.2 

3.3 

.4 



90.3 

75.3 

30.6 

.1 

1.9 



198.0 



18.1 

6.3 

61.3 

74.6 

160.3 
32.0 
12.5 
12.2 

.4 

103.2 

75.5 

26.2 

1.7 

1.4 

201.8 



24.5 

5.6 

76.5 

105.7 

212.3 

51.3 

17.4 

30.0 

1.2 



112.4 

77.4 
28.6 

1.3 



216.9 



41.0 
39.6 
77.5 
97.4 

255.5 

60.4 

12.8 

35.9 

.9 

145.5 

3.3 

73.4 

21.2 

7.7 

2.4 

233.3 



35.8 
55.4 
74.7 

106.9 

272.8 

63. 4 

14.0 

36.6 

1.0 

157.8 

9.6 

68.2 

19.2 

12.6 

.8 

241.4 



36.1 
55.4 
56.7 
96.5 

244.7 

56.6 

7.0 

21.3 

1.1 

158.7 

12.8 

64.7 

19.1 

1.5 

1.8 

252.0 



46.2 
46.0 
50.0 
94.2 

236.4 

46.8 

8.3 

17.5 

.9 

162.9 

13.0 

69.5 

16.9 

5.7 

.3 

268.3 



26.8 

38.5 

43.3 

115.4 

224.0 

45.3 

11.7 

12.2 

.8 

154.0 

12.5 

78.0 

24.6 

1.6 

.3 

267.2 



35.5 

29.1 

44.5 

154.6 

263.7 

57.1 

16.5 

23.0 

1.6 

L66.6 

11.3 

89.6 

23.2 

2.7 

5.2 

292.1 



43.0 
24.0 
58.1 

177.3 

302.4 

59.5 

11.7 

21.9 

1.5 



207.8 
8.s 

100.2 

30.0 

1.7 

8.3 

336.8 



17.5 
.2 
34.4 
98.6 
47.3 



17.6 
1.3 
33.5 
98.7 
50.7 



17.0 
3.1 
31.0 
76.9 
88.9 



16.1 
1.9 

30.9 

76.9 

107.5 



14.9 

2.0 

30.0 

77.3 

117.2 



13.6 

1.4 

30.0 

77.7 
129.3 



17.8 

1.9 

28.5 

77.9 

142.2 



16.8 
3.3 

22.0 

84.8 

140.3 



21.8 

3.1 

21.0 

86.1 

160.1 



o7.7 

2.0 

18.9 

.v.: 

188.5 



198.0 



201.8 



216.9 



233.3 



241.4 



252.0 



268.3 



267.2 



292.1 



336.S 



Note: for footnotes 9ee page 18J. 



NOVEMBER 1950 190 

V— FINANCIAL STATISTICS : 27 ELECTRICAL MACHINERY & EQUIPMENT COMPANIES*t 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)*" 

Depreciation' 2 ' . 

Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Income & E. P. Tax Provision (ex. Refundable Portion) . . 
Net Income to Stockholders'" 


8.6 

2.4 

1.3 

.1 

7.4 
1.3 

6.1 

3.1 

3.0 


15.9 
3.2 
1.3 

.1 

13.9 
6.9 

7.0 

5.2 

1.8 


26.8 

4.6 

1.0 

.1 

23.1 
14.4 

8.7 

4.2 

4.5 


30.7 

6.2 

1.4 

.1 

25.8 
15.9 

9.9 

4.7 

5.2 


26.1 

5.9 

1.0 

.1 

21.1 
12.5 

8.6 

4.3 

4.3 


23.2 
3.4 
1.3 

.1 

21.0 
11.4 

9.6 

4.3 

5.3 


16.6 

3.0 

1.5 

.1 

15.0 
7.1 

7.9 
4.3 

3.6 


12.9 
3.8 
3.1 

.1 

12.1 
4.9 

7.2 
7.5 

.3 


28.8 
5.1 
1.9 

.4 

25.2 
12.0 

13.2 

6.7 

6.5 


35.2 

7.1 

.5 

.5 

28.1 
11.0 

17.1 

4.7 

12.4 


39.9 

10.1 

4.2 

.5 

33.5 
11.7 

21.8 




12 3 


Undistributed Income'" 


9.5 







SOURCE AND 


USE OF FUNDS'" 














Net Source of Funds 
Net Income to Stockholders 


6.1 
3.1 

3.0 
2.4 

5.4 
.1 

5.3 


7.0 
5.2 

1.8 
3.2 

5.0 
.4 

5.4 


8.7 
4.2 

4.5 

4.6 

9.1 
9.1 


9.9 
4.7 

5.2 
6.2 

11.4 

11.4 


8.6 

4.3 

4.3 
5.9 

10.2 

10.2 


9.6 

4.3 

5.3 
3.4 

8.7 

.1 

8.6 


7.9 
4.3 

3.6 
3.0 

6.6 
1.1 

7.7 


7.2 
7.5 

.3 
3.8 

3.5 

3.5 


13.2 

6.7 

6.5 
5.1 

11.6 
.1 

11.7 


17.1 

4.7 

12.4 
7.1 

19.5 
1.0 

20.5 


21.8 




12 3 


Undistributed Profits 


9.5 


Depreciation Charges 


10.1 


Other Non-cash Charges Against Current Income'"'". . . . 
Total Funds From Current Income 


19.6 


Issue of Common Stock 


.1 


Total Net Sources of Funds 


19.5 


Net Use of Funds 

Investment in Plant, Property and Equipment 


1.7 

2.4 

.2 

.3 

.9 

3.1 
2.2 

5.3 


2.9 

7.1 

.3 

.1 
5.5 

4.1 
1.3 

5.4 


5.9 

11.8 

.1 

1.3 
.2 
.2 

16.5 

7.4 

9.1 


5.0 
7.4 

.3 
1.5 

.2 

5.2 

8.6 
2.8 

11.4 


2.9 
8.8 

.9 
1.9 

.2 

3.2 

16.1 
5.9 

10.2 


2.3 
4.8 

.6 
1.6 

.2 

1.6 

.3 
8.3 

8.6 


7.5 

2.7 

.4 

.7 

.2 

5.3 

5.0 
2.7 

7.7 


9.4 

14.6 

1.1 

.1 

.1 

.1 

25.2 
21.7 

3.5 


13.8 
19.2 
2.5 

16.2 

8.7 

5.6 
6.1 

11.7 


17.8 

1.8 

.7 

1.0 

.7 

.1 

7.5 

9.8 
10.7 

20.5 


11 5 


Investment in Inventories 


1.2 


Investment in Other Companies 


1.0 


Investment in Refundable Excess Profits Tax 


1.5 


Redemption of Funded Debt 


1 4 


Redemption of Preferred Stock 


6 


Increase in Misc. Assets (less Misc. Liabilities) 


1.3 


Sub-Total 


10.5 


Increase in Working Capital ex. Inventories'" 


9 


Total Net Uses of Funds 


19.5 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


12.6 
17.2 
13.8 
19.9 

63.5 

5.4 

.2 

1.8 

.5 

55.6 

31.0 
9.0 

.4 

95.2 


13.1 

18.0 
24.0 
27.0 

82.1 
9.1 

.4 
8.3 

.7 

63.6 

30.7 
9.0 

5.9 

97.4 


11.0 
18.1 
31.6 
38.8 

99.5 

13.3 

2.0 

16.1 

.6 

67.5 

31.7 
9.3 

5.6 

102.9 


11.2 
19.7 
34.8 
46.3 

112.0 

20.5 

1.4 

12.0 

.8 

77.3 
1.6 

30.0 
9.0 

10.4 

107.5 


12.6 
20.1 
32.5 
55.1 

120.3 

28.4 

2.1 

9.4 

.7 

79.7 
3.6 

27.0 
8.1 
2.9 

10.1 

111.2 


17.9 
26.4 
25.2 
50.2 

119.7 

25.5 

.6 

9.7 

.7 

83.2 
5.4 

25.2 
7.6 
2.1 
7.7 

115.8 


18.8 
24.3 
21.4 
53.0 

117.5 

22.2 

1.4 

5.0 

.7 

88.2 
4.8 

29.6 

7.6 

.8 

10.2 

119.2 


9.0 
13.3 

27.3 
67.6 

117.2 

24.9 

4.2 

6.1 

.5 

81.5 
4.5 

35.0 
8.7 
1.9 
8.8 

119.0 


11.9 

7.7 

43.6 

86.7 

149.9 

23.4 

10.4 

12.6 

.5 

103.0 
5.3 

42.6 
7.2 
1.9 

12.4 

143.8 


14.0 

9.8 

53.8 

88.6 

166.2 
26.2 
10.5 

' 9.5 
.5 

119.5 
3.4 

53.7 
6.5 
1.3 

20.7 

161.1 


15.6 


Marketable Securities 


13.1 


Current Accounts Receivable 


51.0 




87.4 


Total Current Assets 


167.1 
27.2 




3.0 




8.4 




1.2 


Net Working Capital 


127.3 
1.9 




55.0 


Investment in Other Companies (Net)' 8 ' 


7.5 


Government Account (Net) 


.4 


Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 


23.1 
168.2 






Capital and Surplus 

Funded Debt (10) 


1.5 

.8 

2.0 

47.5 
43.4 

95.2 


1.4 
.8 

2.2 
48.1 
44.9 

97.4 


2.8 

1.0 

2.4 

48.1 

48.6 

102.9 


2.6 

1.0 

2.4 

48.1 

53.4 

107.5 


2.3 
1.6 

2.4 
48.2 
56.7 

111.2 


2.1 
1.5 

2.4 
49.2 
60.6 


2.3 

.8 

2.4 
50.2 
63.5 


2.4 

1.0 

2.4 

50.3 

62.9 

119.0 


18.6 

1.2 

2.4 

50.3 

71.3 

143.8 


19.3 

1.0 

2.3 

51.8 

86.7 

161.1 


17.9 


Loans from Parent and Other Companies (Net) 


1.1 




2.4 




51.7 


Earned Surplus and Surplus Reserves"" 


95.1 


Total 


115.8 1 119.2 


168.2 















Note: for footnotes see page 183. 



191 



NOVEMBER 1950 



Millions of Dollars 



FINANCIAL STATISTICS : 38 GOLD MINING COMPANIES*! 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)*" 


56.7 

7.6 

3.0 

.1 

52.0 
8.8 

43.2 

40.4 

2.8 


58.4 

7.3 

3.9 

.1 

54.9 
14.2 

40.7 

36.8 

3.9 


54.1 
7.5 

4.5 

51.1 

14.4 

36.7 

35.1 

1.6 


43.6 
7.2 
4.3 

40.7 
11.6 

29.1 

26.7 

2.4 


32.4 
5.1 
3.8 

31.1 

8.7 

22.4 

21.9 

.5 


22.7 
3.4 

3.4 

22.7 
6.4 

16.3 

18.4 

2.1 


19.6 
3.2 
3.7 

20.1 
•5.7 

14.4 

15.9 

1.5 


14.4 
3.0 
3.4 

14.8 
4.0 

10.8 

13.4 

2.6 


11.5 
3.2 
3.0 

11.3 
2.3 

9.0 
11.6 

2.6 


14.6 
3.8 
3.3 

14.1 
2.6 

11.5 

10.3 

1.2 


19.3 




3 9 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision'" 

Income & E. P. Tax Provision (ex. Refundable Portion). . 

Net Income to Stockholders 1 " 


4.0 

19.4 
3.3 

16.1 




12 7 




3.4 







SOURCE AND USE OF FUNDS"' 



Net Source of Funds 

Net Income to Stockholders. . . . 
Cash Dividends 



Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges Against Current Income (2) < 4 >. 



Total Funds From Current Income. 
Issue of Common Stock 



Total Net Sources of Funds. 



43.2 
40.4 

2.8 
5.1 
2.5 

10.4 
.1 

10.5 



40.7 
36.8 

3.9 
5.4 
1.8 

11.1 



11.9 



36.7 
35.1 

1.6 
5.9 
1.5 

9.0 
.5 

9.5 



29.1 

26.7 

2.4 
5.8 
1.3 

9.5 
.1 

9.6 



22.4 
21.9 

.5 
4.5 

.7 

5.7 
5.7 



16.3 
18.4 

2.1 

2.9 

.5 

1.3 

1.1 

2.4 



14.4 
15.9 

1.5 

2.6 
.6 

1.7 
.6 

2.3 



10.8 
13.4 

2.6 

2.1 

.9 

.4 
3.0 

3.4 



9.0 
11.6 

2.6 
1.9 
1.3 



.8 
1.4 



11.5 
10.3 

1.2 
2.0 
1.9 

5.1 

.4 

5.5 



Net Use of Funds 

Investment in Plant, Property and Equipment. 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax. . 

Redemption of Funded Debt 

Redemption of Preferred Stock 

Increase in Misc. Assets (less Misc. Liabilities) . 



4.6 
3.0 
1.3 



2.2 



Sub-Total 

Increase in Working Capital ex. Inventories'". 

Total Net uses of Funds 



ll.l 
.6 



4.2 

1.2 

.2 

1.7 

7.3 

4.6 



5.6 
1.5 

.7 



1.1 

9.1 
.4 



L.3 

1.0 

1.2 

.1 

.2 



2.6 

7.0 



.o 
2.5 
1.5 

.2 

1.0 

.7 
5.0 



1.1 

1.7 

.8 



10.5 



11.9 



9.5 



9.6 



5.7 



3.3 
2.4 



1.2 

.2 

2.0 

SA 
1.1 



2.3 

7.1 
3.3 



2.6 

15.3 
11.9 



2.5 
1.4 
3.6 

.2 
2.3 



2.7 
.8 
.4 
.1 
.1 

2.3 



9.6 
8.2 



6.0 
.5 



2.3 



3.4 



1.4 



5.5 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 



Cash 

Marketable Securities 

Current Accounts Receivable. 
Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable. . 

Accrued Interest and Dividends Payable. 



Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 71 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets Less Miscellaneous Liabilities'". 



Total. 



Capital and Surplus 

Funded Debt'"" _ 

Loans from Parent and Other Companies (Net). 

Preferred Slock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 



Total. 



30.9 

32.6 

.7 

15.4 

79.6 

4.0 

.1 

9.4 

6.4 

59.7 

94.0 
12.4 

7.3 

173.4 



1.3 



112.2 
59.9 



28.5 

42.9 

.9 

15.4 

87.7 
4.2 

15.0 
4.8 

63.7 

92.8 
13.3 



176.6 



1.1 



112.9 
62.6 



173.4 176.6 177.6 



22.6 

47.6 

1.0 

16.9 

88.1 
4.9 

14.4 
3.7 

65.1 

92.1 

13.7 

6.7 



177.6 



113.5 
63.3 



23.6 

45.9 

1.4 

15.8 

86.7 
4.2 

7.4 
3.2 

71.9 

.1 

87.5 

14.0 

6.3 



179.8 



113.6 
65.6 



21.7 

51.6 

1.0 

13.3 

87.6 
3.5 

5.8 



75.6 

.1 

83.3 

15.3 

6.4 



180.7 



113.6 
66.7 



179.8 180.7 181.4 



19.0 

56.8 

1.2 

11.6 

88.8 

3.4 

5.0 

1.9 

78.3 

.1 

81.5 

14.9 

6.6 

181.4 



114.7 
66.5 



18.1 

58.6 

1.3 

11.6 

89.6 

3.8 

.2 

4.7 

1.7 

79.2 

.2 

80.7 

16.2 

8.0 

184.3 



115.3 
69.1 



184.3 



16.5 

44.4 

.8 

18.6 

80.3 

4.3 

.3 

3.0 

1.3 

71.4 

.2 

80 '.8 

19.4 

9.2 

181.0 



117.9 



14.5 

38.4 

1.0 

20.1 

74.0 
4.1 
1.0 
2.3 

1.4 

65.2 

.1 

80.1 

22.9 

9.8 



178.1 



.2 

1.0 

IIS. 7 
60.2 



15.2 

37.6 

1.5 

20.9 

75.2 

4.8 

.6 

2.4 

1.5 

65.9 

80.7 
23.8 

11.1 

181.5 



.2 
1.2 

119.0 



181.0 178.1 181.5 184.7 



55.5 



Note: for footnotes see page 183. 



NOVEMBER 1950 

V— FINANCIAL STATISTICS : 18 NON-FERROUS METAL COMPANIES*! 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



192 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation) (1) 

Depreciation (2 > 


97.3 
15.8 
4.8 

86.3 

17.7 

68.6 

54.2 

14.4 


114.0 
17.1 
5.0 

101.9 
34.5 

67.4 

55.1 

12.3 


136.6 

22.4 

6.2 

120.4 
46.3 

74.1 

57.2 

16.9 


142.0 

25.4 

3.9 

120.5 
47.5 

73.0 

57.2 

15.8 


132.1 

26.9 

4.4 

109.6 
41.5 

68.1 

57.7 

10.4 


108.4 

22.1 

6.2 

92.5 
34.0 

58.5 

52.2 

6.3 


102.5 

21.2 

5.8 

87.1 
30.0 

57.1 

51.9 

5.2 


108.1 
14.9 
8.4 

101.6 
31.2 

70.4 

57.9 

12.5 


158.4 

16.8 

9.9 

.1 

151.4 
46.8 

104.6 

76.1 

28.5 


192.4 

17.6 

13.9 

.2 

188.5 
50.8 

137.7 

95.7 

42.0 


161.9 
18.5 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision"* 

Income & E. P. Tax Provision (ex. Refundable Portion). . 

Net Income to Stockholders'" 


13.0 
.2 

156.2 
44.8 

111.4 


Net Income Paid Out in Cash Dividends 


91.2 




20.2 







SOURCE AND 


USE OF FUNDS") 
















Net Source of Funds 
Net Income to Stockholders 


68.6 
54.2 

14.4 

10.4 

5.4 

30.2 
2.2 

32.4 


67.4 
55.1 

12.3 

11.3 

6.5 

30.1 
.2 

30.3 


74.1 

57.2 

16.9 

16.4 

6.5 

39.8 
39.8 


73.0 

57.2 

15.8 

19.5 

6.4 

41.7 
41.7 


68.1 

57.7 

10.4 

21.4 

5.4 

37.2 
37.2 


58.5 

52.2 

6.3 

16.4 

5.7 

28.4 
28.4 


57.1 
51.9 

5.2 

16.2 

4.9 

26.3 
26.3 


70.4 
57.9 

12.5 

11.0 

3.9 

27.4 
27.4 


104.6 

76.1 

28.5 
12.4 

4.4 

45.3 
45.3 


137.7 
95.7 

42.0 
12.9 

4.7 

59.6 
.6 

60.2 


111.4 


Cash Dividends 


91.2 


Undistributed Profits 


20.2 


Depreciation Charges 


13.9 


Other Non-cash Charges Against Current Income (2) '*>.... 
Total Funds From Current Income 


4.6 
38.7 


Issue of Common Stock 




Total Net Sources of Funds 


38.7 






Net Use of Funds 

Investment in Plant, Property and Equipment 


14.7 
2.0 
4.0 

.2 

3.5 

20.4 
12.0 

32.4 


13.4 
7.5 
2.1 

.3 

1.5 

24.8 
5.5 

30.3 


15.3 

.4 
2.8 

.6 
.1 
.8 

18.4 
21.4 

39.8 


18.9 
10.3 

1.8 
.1 
.4 
.1 

31.4 
10.3 

41.7 


13.2 

.6 

1.1 

2.3 

1.2 

18.4 
18.8 

37.2 


10.3 
4.5 

.5 
1.5 

.1 

1.4 

9.3 
19.1 

28.4 


5.6 

3.6 

.8 

.4 

3.0 

7.4 
18.9 

26.3 


15.1 
3.6 
2.3 

3.2 
3.0 
6.1 

14.7 
12.7 

27.4 


23.3 
17.0 
2.6 

2.5 

2.1 

37.3 
8.0 

45.3 


25.9 

17.3 

9.3 

.8 

.2 

1.7 

53.6 

6.6 

60.2 


35.5 


Investment in Inventories 


11.3 


Investment in Other Companies 


3.4 


Investment in Refundable Excess Profits Tax 


1.5 


Redemption of Funded Debt 


.5 


Redemption of Preferred Stock 




Increase in Misc. Assets (less Misc. Liabilities) 


8.4 


Sub-Total 


56.6 


Increase in Working Capital ex. Inventories"* 


17.9 


Total Net Uses of Funds 


38.7 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


65.5 
9.2 

17.4 
64.3 

156.4 

11.3 

.2 

19.0 

2.9 

123.0 

216.6 
27.6 

1.7 

368.9 


77.9 
17.0 
21.7 
71.7 

188.3 

14.8 

.3 

34.7 

2.6 

135.9 

215.3 
29.2 

1.4 

381.8 


94.6 
31.3 
28.6 
72.2 

226.7 

18.1 

.4 

48.0 

2.7 

157.5 

212.3 
29.7 

1.6 

397.9 


72.7 
47.6 
34.3 
82.4 

237.0 

19.6 

.3 

35.9 

2.6 

178.6 

1.8 

209.3 

28.1 

3.1 

414.7 


71.8 
61.9 
32.7 
83.0 

249.4 

18.5 

.4 

30.0 

2.6 

197.9 

4.2 

198.8 

28.0 

3.9 

425.0 


81.6 
67.7 
32.7 
78.4 

260.4 

16.4 

.3 

26.5 

5.2 

212.0 

5.5 

184.9 

26.5 

5.1 

423.8 


79.9 
88.0 
29.0 
82.1 

279.0 

15.5 

.3 

23.4 

5.2 

234.6 

5.8 

171.8 

26.2 

4.6 

433.8 


106.2 
84.4 
29.2 
85.7 

305.5 

18.1 

.2 

23.3 

8.4 

255.5 

5.3 

173.9 

28.2 

6.0 

456.9 


116.1 
98.0 
34.6 

102.7 

351.4 

23.4 

.9 

29.2 

16.4 

281.5 

4.2 

182.5 

31.2 

6.2 

493.2 


120.6 
98.8 
51.0 

119.9 

390.3 

26.8 

1.3 

37.9 
20.8 

303.5 

3.3 

190.1 

39.9 

6.4 

530.4 


100.5 




95.8 




42.3 




131.4 


Total Current Assets . 


370.0 




25 4 




9 




30 3 




15 9 


Net Working Capital 


297.5 


Refundable Portion of Excess Profits Tax 


1.8 


Plant, Property and Equipment (Net)' 7 ' 


209.5 




42.8 






Miscellaneous Assets Less Miscellaneous Liabilities'". . . . 
Total. 


4.0 
547.6 






Capital and Surplus 

Funded Debt' 10 * 


1.2 
1.6 

35.7 
137.9 
195.7 

368.9 


1.0 

.3 

35.6 

138.0 

207.5 

381.8 


.4 
.1 

35.5 
138.0 
223.9 

397.9 


.3 

.2 

35.2 

138.0 
241.4 

414.7 


.3 
.3 

35.2 
137.9 
251.9 

425.0 


.2 

20.6 

33.7 

139.1 

271.4 

423.8 


.1 

17.7 

33.7 

139.1 

278.6 

433.8 


3.3 

10.9 

30.9 

139.1 

294.5 

456.9 


5.9 

9.8 

30.9 

139.1 

327.1 

493.2 


5.7 

8.1 

30.9 

139.7 

362.2 

530.4 


6.2 


Loans from Parent and Other Companies (Net) 


4.9 




30.9 




139.7 




375.7 


Total 


547.6 







Note: for footnotes see page 183. 



193 



Millions of Dollars 



NOVEMBER 1950 



V— FINANCIAL STATISTICS : 9 PETROLEUM COMPANIES*! 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation) (1) 


24.0 

8.3 

18.3 

.8 

33.2 
5.9 

27.3 

31.6 

4.3 


30.1 
9.1 

13.8 
.8 

34.0 
11.1 

22.9 

21.2 

1.7 


31.3 
9.4 

14.0 
.8 

35.1 
13.9 

21.2 

17.8 

3.4 


36.1 
10.7 
9.8 

.8 

34.4 
14.6 

19.8 

18.0 

1.8 


40.3 

11.5 

9.4 

.9 

37.3 
15.4 

21.9 

18.0 

3.9 


40.2 

10.3 

9.2 

.9 

38.2 
16.3 

21.9 

17.8 

4.1 


38.5 

9.3 

9.5 

.9 

37.8 
15.2 

22.6 

18.5 

4.1 


46.8 

10.3 

6.2 

.9 

41.8 
16.4 

25.4 

18.4 

7.0 


51.5 

11.6 

5.9 

1.2 

44.6 
15.1 

29.5 

18.8 

10.7 


58.0 
14.9 

7.1 

1.9 

48.3 
14.1 

34.2 

19.6 

14.6 


68.6 

24.0 

4.9 

2.0 

47.5 
10.9 

36.6 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) . . 

Net Income to Stockholders'" 




19 8 


Undistributed Income'" 


16.8 







SOURCE AND USE OF FUNDS'" 
















Net Source of Funds 


27.3 
31.6 

4.3 

8.2 

.1 

4.0 
.1 

4.1 


22.9 
21.2 

1.7 
9.0 

.1 

10.8 
1.4 

12.2 


21.2 
17.8 

3.4 

9.3 

.1 

12.8 
12.8 


19.8 
18.0 

1.8 

10.6 

.1 

12.5 
12.5 


21.9 
18.0 

3.9 
11.5 

15.4 

15.4 


21.9 
17.8 

4.1 
10.3 

14.4 

14.4 


22.6 
18.5 

4.1 
9.3 

13.4 
1.0 

14.4 


25.4 

18.4 

7.0 
10.3 

17.3 
.2 

17.5 


29.5 
18.8 

10.7 
11.6 

22.3 
1.9 

24.2 


34.2 
19.6 

14.6 
14.9 

29.5 
8.6 

38.1 


36.6 




19 8 


Undistributed Profits 


16.8 


Depreciation Charges 


23.9 


Other Non-cash Charges Against Current Income < 2) < 4 > . . . . 
Total Funds From Current Income 


.1 
40.8 


Issue of Common Stock 


.3 


Total Net Sources of Funds 


41.1 






Net Use of Funds 


10.6 

2.4 
5.1 

2.0 

2.7 

18.8 
14.7 

4.1 


10.1 

6.3 

.3 

.4 

.1 

1.5 

17.;; 

5.1 
12.2 


10.9 
2.1 
8.1 

1.2 
.1 
.5 

6.7 
6.1 

12.8 


13.5 
3.8 
4.9 

.1 
1.6 

.1 
1.0 

2.4 
10.1 

12.5 


6.3 
2.3 
3.0 
.3 
1.8 

1.8 

5.9 
9.5 

15.4 


9.0 

5.7 

.4 

.3 

1.7 

.8 

17.9 
3.5 

14.4 


11.8 
2.9 
2.6 
.6 
3.4 
1.0 
2.5 

10.8 
3.6 

14.4 


28.8 

7.7 
7.8 

8.5 
2.1 
1.6 

36.3 
18.8 

17.5 


48.0 

34.8 

3.4 

32.8 

11.0 

.6 

43.0 
18.8 

24.2 


47.0 
34.0 
33.6 

5.2 
5.0 
1.9 

39.1 
1.0 

38.1 


53.9 




4.1 


Investment in Other Companies 


23.1 


Investment in Refundable Excess Profits Tax 


.3 




18.6 


Redemption of Preferred Stock 




Increase in Misc. Assets (less Misc. Liabilities) 


.2 


Sub-Total 


7.6 


Increase in Working Capital ex. Inventories'*' 


33.5 


Total Net Uses of Funds 


41.1 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneaus Assets Less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 

Total 



8.3 
11.2 
21.3 
46.2 

87.0 

11.6 

.3 

7.0 

1.0 

67.1 

91.4 
69.5 

12.1 



215.9 



9.1 
10.6 
23.6 
52.5 

95.8 

13.8 

.3 

12.0 

1.0 



68.7 

92.3 
68.9 

11.1 



218.8 



23.1 

6.8 

28.1 

54.6 

112.6 
19.5 

I 1.9 

1.0 



77.2 

93.8 
60.7 

10.7 



221.0 



19.0 
7.3 

44.7 
50.9 

121.9 
26.7 

10.5 
1.0 



83.7 

.1 

96.3 

55.3 

11.9 



223.5 



28.6 
11.5 
35.8 
53.1 

129.0 
21.0 

11.3 
1.2 



95.5 

.4 

88.9 

52.2 

9.8 



227.2 



32.1 
11.5 
31.8 
58.8 

134.2 
23.8 

10.2 
1.0 



99.2 

.4 

85.9 

51.6 

8.9 



228.2 



26.0 
25.0 
27.3 
61.7 

140.0 

22.5 

1.0 

9.2 

1.5 



105.8 

1.0 

88.3 

49.0 

9.4 



234.7 



14.6 
17.9 
33.1 
69.5 

135.1 
28.6 

10.4 
1.1 



95.0 

1.0 

107.4 

56.8 

8.0 



252.2 



20.2 

3.9 

44.9 

104.3 

173.3 
49.8 

11.5 
1.2 



110.8 

1.0 

144.2 

60.1 

7.3 



308.8 



16.0 

5.4 

50.5 

138.3 

210.2 

53.0 

2.6 

9.1 

1.2 



144.3 

.9 

177.8 

36.8 

6.6 



353.2 



10.9 

112.4 

70.6 



22.5 

.8 

10.8 

113.9 

72.4 



21.4 

.8 

10.7 

113.9 
75.8 



22.9 

.7 

10.6 

113.9 

76.8 



24.6 

.5 

10.6 

113.it 
78.6 



22.9 

.7 

10.6 

113.9 

81.5 



26.3 

.3 

11.6 

114.9 

82.2 



215.9 



218.8 



221.0 223.5 



227.2 



22S.2 



234.7 



34.9 
.6 

10.0 

115.1 

92.8 



68.0 

21.0 

110.9 
103.6 



73.2 

42. S 

26.0 

125.6 

171.2 



252.2 308.8 353.2 



Note: for footnotes 9ee page 183. 



NOVEMBER 1950 



194 



Millions of Dollars 



FINANCIAL STATISTICS 

Bank 
PROFIT STATISTICS 



: 30 CHEMICAL COMPANIES*! 

of Canada 

: SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)'" 


17.3 

2.7 

1.1 

.2 

15.5 
3.4 

12.1 

9.3 

2.8 


20.4 

3.0 

1.0 

.2 

18.2 
7.4 

10.8 

9.0 

1.8 


24.6 

3.8 

1.2 

.1 

21.9 
10.6 

11.3 

8.6 

2.7 


23.0 

4.7 

1.1 

.1 

19.3 
9.1 

10.2 

8.1 

2.1 


22.0 

5.3 

1.1 

.1 

17.7 
8.6 

9.1 

5.0 

4.1 


22.7 

4.0 

.9 

.1 

19.5 
9.6 

9.9 

9.7 

.2 


22.5 

3.6 

1.0 

.1 

19.8 
9.5 

10.3 

7.4 

2.9 


25.0 

3.9 

1.9 

.1 

22.9 
10.4 

12.5 

8.7 

3.8 


29.8 

6.0 

2.8 

.3 

26.3 
11.0 

15.3 

11.3 

4.0 


36.5 

7.2 

1.3 

.4 

30.2 
11.6 

18.6 

11.0 

7.6 


42.9 




8.4 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision"' 

Income & E. P. Tax Provision (ex. Refundable Portion) . . 

Net Income to Stockholders'" 


1.7 

.4 

35.8 
14.5 

21.3 




15.2 


Undistributed Income'" 


6.1 







SOURCE AND USE OF FUNDS «> 
















Net Source of Funds 

Net Income to Stockholders 


12.1 
9.3 

2.8 
2.7 

5.5 

.4 

5.9 


10.8 
9.0 

1.8 
3.0 

4.8 

.7 

5.5 


11.3 

8.6 

2.7 
3.8 

6.5 
.5 

7.0 


10.2 
8.1 

2.1 
4.7 

6.8 
.2 

7.0 


9.1 

5.0 

4.1 
5.3 

9.4 

9.4 


9.9 

9.7 

.2 

4.0 

4.2 
.1 

4.3 


10.3 

7.4 

2.9 
3.6 

6.5 
2.3 

8.8 


12.5 

8.7 

3.8 
3.9 

7.7 
4.3 

12.0 


15.3 
11.3 

4.0 
6.0 

10.0 
2.6 

12.6 


18.6 
11.0 

7.6 
7.2 

14.8 
.6 

15.4 


21.3 




15.2 


Undistributed Profits 


6.1 


Depreciation Charges 


8.4 


Other Non-cash Charges Against Current Income' 2 ' < 4) . . . . 
Total Funds From Current Income 


14.5 


Issue of Common Stock 


.2 


Total Net Sources of Funds 


14.7 






Net use of Funds 

Investment in Plant, Property and Equipment 


2.9 

2.3 

.8 

.2 
.1 
.9 

7.2 
1.3 

5.9 


5.4 
4.5 
2.6 

.2 

.8 

11.9 
6.4 

5.5 


4.9 
1.7 

.2 

.1 
.1 

.8 

6.2 
.8 

7.0 


5.4 

1.8 

1.4 

.3 

.2 

.1 

1.1 

7.5 
.5 

7.0 


1.8 
4.3 
.1 
.6 
.2 
.2 
1.4 

2.8 
12.2 

9.4 


2.7 

.1 
.8 
.3 
.1 
.3 

3.7 
.6 

4.3 


5.4 

2.0 

.7 

.2 

1.0 

1.8 

9.1 
.3 

8.8 


17.5 
5.0 
1.3 

3.9 

2.2 

.1 

22.0 
10.0 

12.0 


12.2 
9.6 
1.7 

3.2 
3.5 
3.3 

13.5 
.9 

12.6 


15.3 

1.6 

1.1 

.3 

2.6 

.7 

13.6 
1.8 

15.4 


11.2 


Investment in Inventories 




Investment in Other Companies 


.5 


Investment in Refundable Excess Profits Tax 


.6 


Redemption of Funded Debt 


1.0 


Redemption of Preferred Stock 


.1 


Increase in Misc. Assets (less Misc. Liabilities) 


1.9 


Sub-Total 


13.1 


Increase in Working Capital ex. Inventories'" 


1.6 


Total Net uses of Funds 


14.7 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 


11.5 

5.7 

11.0 

19.7 

47.9 
6.2 

.5 
3.6 

.2 

37.4 

32.7 
7.4 

5.3 

82.8 


11.4 

3.0 

12.1 

24.3 

50.8 
6.5 

.9 
7.9 

.2 

35.3 

35.5 
9.8 

4.2 

84.8 


10.8 

4.9 

15.1 

26.0 

56.8 
8.1 

.6 
9.8 

.2 

38.1 

37.1 
9.9 

3.2 

88.3 


8.0 

7.9 

13.9 

27.8 

57.6 

9.2 

2.2 

6.3 

.2 

39.7 

.3 

37.9 

8.5 

2.2 

88.6 


12.5 
14.3 
13.4 
23.5 

63.7 

8.2 

1.3 

6.4 

.2 

47.6 

.9 

34.9 

8.7 

.7 

1.0 

92.4 


12.4 
18.6 
12.1 
23.5 

66.6 

8.9 

2.7 

6.7 

.2 

48.1 
1.7 

33.5 

8.8 

.8 

91.3 


12.9 
19.6 
12.8 
23.5 

68.8 

10.0 

3.0 

6.3 

1.6 

47.9 

2.4 

35.5 

10.8 

.7 

2.6 

98.5 


9.3 

14.2 
15.3 
28.4 

67.2 

11.6 

3.1 

7.2 

2.2 

43.1 

2.3 

49.6 

12.1 

.5 

2.5 

109.1 


11.1 

10.1 
20.6 
38.1 

79.9 

14.5 

4.3 

7.1 

2.1 

51.9 

2.1 

55.8 

13.5 

1.6 

2.2 

123.9 


14.3 

7.0 

22.7 

40.5 

84.5 

12.6 

4.6 

8.7 

2.3 

56.3 

1.8 

64.7 

12.7 

2.0 

137.5 


14.6 




11.4 




24 3 




40 A 




90.7 




15.3 




4.2 




9.8 




2.8 




58.6 




1.2 




68.7 




12.2 






Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 


1.8 
142.5 






Capital and Surplus 

Funded Debt' l0 > 


4.4 

.7 

17.7 

24.1 

37.3 

82.8 


4.2 

17.7 

24.7 
38.2 

84.8 


4.0 

.5 

17.6 

25.3 

40.9 

88.3 


3.8 
.8 

17.5 
25.4 

42.7 

88.6 


3.6 
.3 

17.4 
25.4 
46.3 

92.4 


3.3 

.6 
17.3 
25.6 
45.7 

91.3 


3.2 

.5 
18.3 
28.2 
48.3 

98.5 


7.0 

1.0 

16.8 

32.5 

51.8 

109.1 


10.3 
3.3 

20.5 
35.1 
54.7 

123.9 


13.0 

3.9 

20.5 

35.7 

64.4 

137.5 


12.0 




2.3 




20.4 




35.9 




71.9 


Total 


142.5 







Note: for footnotes see page 183. 



195 NOVEMBER 1950 

V— FINANCIAL STATISTICS : 62 WHOLESALE TRADE & SERVICE COMPANIES*! 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1948 


Net Operating Profit (Before Depreciation) '" 


6.4 

1.1 

.4 

.1 

5.6 
1.3 

4.3 

1.5 

2.8 


7.3 
1.2 
1.4 

.1 

7.4 
3.0 

4.4 

2.3 

2.1 


10.6 

1.3 
.6 

.1 

9.8 
5.2 

4.6 

1.6 

3.0 


12.3 

1.3 

.7 

11.7 

6.6 

5.1 

2.0 

3.1 


12.6 
1.2 
1.3 

12.7 
7.5 

5.2 

2.3 

2.9 


12.0 

1.1 
.8 

11.7 
6.9 

4.8 

2.6 

2.2 


13.0 

1.1 
.8 

12.7 
7.2 

5.5 

2.0 

2.9 


17.3 
1.5 

.9 

.2 

16.5 
8.5 

8.0 
6.4 

1.6 


19.2 
1.8 

.8 
.2 

18.0 

8.8 

9.2 

0.3 

2.9 


21.3 

2.1 

1.0 

.2 

20.0 
7.3 

12.7 

5.4 

7.3 


19.0 




2.6 
1.1 

.2 

17.3 
0.6 

10.7 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) • • • 




5 8 




4.9 







SOURCE AND USE < 


OF FUNDS' 3 ' 
















Net Source of Funds 


4.3 
1.5 

2.8 
1.1 

3.9 
1.3 

5.2 


4.4 
2.3 

2.1 
1.2 
1.5 

1.8 
.3 

1.5 


4.6 
1.6 

3.0 
1.3 

1.5 

5.8 
5.8 


5.1 

2.0 

3.1 

1.3 

4.4 
4.4 


5.2 

2.3 

2.9 
1.2 

4.1 
.1 

4.2 


4.8 

2.6 

2.2 
1.1 

3.3 

3.3 


5.5 

2.6 

2.9 
1.1 

4.0 
.1 

4.1 


8.0 

0.4 

1.6 
1.5 

3.1 
.3 

3.4 


9.2 

6.3 

2.9 
1.8 

4.7 
1.6 

6.3 


12.7 

5.4 

7.3 
2.1 

9.4 

.4 

9.8 


10.7 




5 8 




4.9 




2.6 


Other Non-cash Charges against Current Income'" '*> 

Total Funds From Current Income 


7.5 




.2 


Total Net Sources of Funds 


7.7 


Net Use of Funds 

Investment in Plant Property and Equipment 


1.0 

5.1 

.6 

.1 

.1 

5.5 
.3 

5.2 


.3 

1.0 

.8 

.2 

1.7 

2.4 
.9 

1.5 


1.0 

5.7 

.5 

.1 

.1 

1.6 

4.S 
1.0 

5.8 


.8 

2.6 

2.2 

.5 

.1 

.1 

1.6 

2.7 
1.7 

4.4 


1.4 
.7 
.2 
.9 
.5 
.3 
.9 

3.9 
.3 

4.2 


.1 

1.0 

.2 

.1 

2.1 

1.1 

4.4 

3.3 


2.0 

.3 
3.9 
1.0 
5.7 

.9 

2.4 
1.7 

4.1 


4.9 
9.5 

.4 

.8 
.8 

14.0 
10.6 

3.4 


4.0 
5.0 
2.4 

.4 
1.1 
2.2 

6.5 
.2 

6.3 


2.0 

5.1 

.2 

.3 

.4 

1.5 

5.5 
4.3 

9.8 


4 9 




5.4 




3.2 




.8 




.8 




,1 


Increase in Misc Assets (less Misc. Liabilities) 


1 4 




2 6 


Increase in Working Capital ex. Inventories 15 ' 


5.1 


Total Net uses of Funds 


7 7 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities. 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 11 ' 

Total 



4.4 

.4 

17.5 

23.9 

46.2 
9.5 

2.5 

1.0 
.4 



32.2 

14.7 
7.3 

.9 

55.1 



4.0 

.8 

19.2 

24.8 

48.8 

10.5 

2.0 

3.2 

.5 

32.6 

13.7 
6.5 



53.5 



6.2 

2.1 

20.5 

30.6 

59.4 

11.8 

2.1 

5.9 



39.1 

13.2 
5.9 



58.9 



9.6 

4.0 

16.6 

27.9 

58.1 

11.7 

1.9 

6.0 

.3 

38.2 

.5 

12.7 

8.1 
.1 
.9 



60.3 



8.5 

8.4 

14.4 

28.7 

60.0 

11.9 

1.9 

6.3 

.5 



39.4 
1.4 

12.9 

7.9 

.1 

1.4 



62.9 



8.9 
11.1 
15.0 
28.7 

63.7 

1 1 .3 

1.8 

5.0 

.8 

44.2 
2.3 

11.9 
8.3 



67.2 



9.8 
14.0 
16.2 
29.0 

69.0 

13.4 

2 2 

5.9 

.6 

46.9 

3.0 

12.8 

12.2 

.3 

1.0 



75.6 



6.7 

10.4 
21.7 
38.4 

77.2 

17.1 

4.3 

6.6 

2.9 

46.3 

3.0 

16.0 

12.1 

.1 

1.0 



78.3 



7.3 

7.9 

24.2 

43.4 

82.8 

17.7 
0.4 
0.5 



51.4 
2.9 

18.9 
9.9 



83.5 



8.7 
10.6 
27.2 
48.5 

95.0 

IS. 9 

0.0 
.6 

61.2 
2.4 

19.4 
9.7 

.8 

93.5 



1.2 

3.5 

13.1 

20.3 

17.0 



55.1 



1.0 

1.8 

13.1 

20.1 

17.5 

53.5 



.8 

3.3 

13.0 

20.1 

21.7 

58.9 



.7 

1.8 

12.9 

20.1 

24.8 

60.3 



.2 

1.6 
13.2 
20.2 

27.7 

62.9 



.3 

3.5 

13.2 

19.4 
30.8 

67.2 



6.0 
3.9 

13.1 

1S.0 
34.0 

75.6 



6.8 

4.1 

ll.S 

19.7 

35.9 

78.3 



6.4 

6.8 

10.9 

21.3 

38.1 

83.5 



6.0 

8.3 

10.9 

21.0 
40.7 

93.5 



Note: for footnotes see page 183. 



NOVEMBER 1950 

V— FINANCIAL STATISTICS : 32 RETAIL TRADE & SERVICE COMPANIES*! 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



196 



Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)"' 


12.3 

3.3 

.8 

1.9 

7.9 
1.9 

6.0 

3.4 

2.6 


14.6 

3.5 

.8 

1.9 

10.0 

4.4 

5.6 

3.2 

2.4 


17.8 

3.8 

.8 

1.8 

13.0 
6.3 

6.7 
3.3 

3.4 


22.1 

3.8 

.9 

1.8 

17.4 
10.1 

7.3 

3.6 

3.7 


24.5 
3.7 
1.0 

1.7 

20.1 
12.4 

7.7 

4.1 

3.6 


26.1 

3.4 

.9 

1.5 

22.1 
13.1 

9.0 

4.8 

4.2 


29.2 
3.4 
1.1 
1.4 

25.5 
15.6 

9.9 

4.9 

5.0 


32.8 
3.7 
1.3 
1.0 

29.4 
14.2 

15.2 

6.2 

9.0 


31.5 
4.0 
1.6 

.7 

28.4 
12.1 

16.3 

8.1 

8.2 


36.2 

5.0 

1.3 

.8 

31.7 
12.6 

19.1 

7.1 

12.0 


38.5 




6.4 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Income & E. P. Tax Provision (ex. Refundable Portion). . 
Net Income to Stockholders'" 


1.5 
.9 

32.7 
13.2 

19.5 


Net Income Paid Out in Cash Dividends 


8.6 


Undistributed Income' 1 ' 


10.9 







SOURCE AND 


USE i 


OF FUNDS' 3 ' 
















Net Source of Funds 

Net Income to Stockholders 


6.0 
3.4 

2.6 

3.2 

.4 

6.2 
.2 

6.4 


5.6 
3.2 

2.4 

3.4 

.4 

6.2 
6.2 


6.7 
3.3 

3.4 

3.7 

.3 

7.4 
7.4 


7.3 
3.6 

3.7 

3.8 

.3 

7.8 
7.8 


7.7 
4.1 

3.6 

3.7 

.3 

7.6 
7.6 


9.0 
4.8 

4.2 

3.4 

.3 

7.9 
.1 

7.8 


9.9 
4.9 

5.0 

3.4 

.3 

8.7 
.9 

9.6 


15.2 
6.2 

9.0 

3.6 

.3 

12.9 
6.7 

19.6 


16.3 
8.1 

8.2 
4.0 

12.2 

12.2 


19.1 
7.1 

12.0 
5.0 

17.0 
.1 

17.1 

11.5 

4.1 

.2 

.3 

2.5 

.9 

1.1 

13.2 
3.9 

17.1 


19.5 


Cash Dividends 


8.6 


Undistributed Profits 


10.9 


Depreciation Charges 


6.4 


Other Non-cash Charges against Current Income' 2 ' <*' . . . . 
Total Funds From Current Income 


17 3 


Issue of Common Stock 


.1 


Total Net Sources of Funds 


17.4 


Net Use of Funds 

Investment in Plant, Property and Equipment 


2.7 
2.5 
1.1 

2.9 
.2 
.1 

7.3 
.9 

6.4 


3.9 

2.7 

.2 

2.5 
.1 
.1 

9.1 
2.9 

6.2 


5.6 
5.4 

.5 

.6 

. - 8 

11.9 
4.5 

7.4 


1.8 
.3 
.2 
.8 

1.6 
.3 
.1 

3.9 
3.9 

7.8 


2.6 
.9 
.3 
1.9 
1.8 
.2 
.5 

4.4 
3.2 

7.6 


4.3 

2.3 

.2 

2.0 

1.8 

.2 

.7 

5.1 
2.7 

7.8 


4.2 

1.7 

.6 

2.6 

3.8 

.6 

.6 

12.9 
3.3 

9.6 


6.7 

10.1 

.8 

.1 

7.5 
.1 
.1 

25.4 
5.8 

19.6 


11.1 

4.2 

.8 

8.4 

1.4 

.5 

9.6 
2.6 

12.2 


17.2 


Investment in Inventories 


4.4 


Investment in Other Companies 


.5 


Investment in Refundable Excess Profits Tax 


1 


Redemption of Funded Debt 


5 8 


Redemption of Preferred Stock 


4 8 


Increase in Misc. Assets (less Misc. Liabilities) 


1.8 


Sub-Total 


12.3 


Increase in Working Capital ex. Inventories'" 


5.1 


Total NetUses of Funds 


17.4 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding , 

Earned Surplus and Surplus Reserves' 11 ' 

Total 



9.4 

1.9 

12.2 

19.7 



43.2 

11.5 

2.0 

2.2 

1.3 



26.2 

72.3 
5.4 

9.3 



113.2 



9.5 

2.9 

13.1 

22.3 

47.8 

13.5 

1.8 

4.7 

1.8 



26.0 

72.4 
5.0 

9.2 

112.6 



11.2 

2.7 

10.9 

27.7 



52.5 
14.2 
2.7 
6.8 
2.0 



26.8 

74.2 
5.0 

9.6 

115.6 



10.6 
7.7 
8.9 

27.4 

54.6 

13.8 

.8 

7.5 

2.1 



30.4 

.8 

72.2 

4.8 

9.1 

117.3 



11.2 

11.6 

7.4 

26.5 

56.7 

14.0 

.7 

8.1 

1.2 



32.7 
2.8 

71.1 
4.4 

9.0 

120.0 



13.5 

11.8 

7.6 

24.3 

57.2 
14.0 

.4 
8.4 

1.4 

33.0 
4.9 

71.9 
4.6 

8.2 

122.6 



11.0 

11.8 

9.1 

26.0 

57.9 

15.1 

.5 

9.4 

.6 

32.3 
7.5 

72.4 
3.9 

10.4 



12S.5 



16.7 

7.5 

11.2 

36.1 

71.5 

20.2 

4.0 

6.5 

1.0 

39.8 
6.2 

75.3 
4.7 

9.1 



135.1 



17.6 

5.5 

19.4 

40.3 

82.8 

24.1 

4.4 

6.0 

1.0 

47.3 
6.0 

82.5 
5.5 

8.8 

150.1 



19.3 

7.0 

27.4 

44.4 

98.1 

29.1 

4.6 

7.8 

1.2 

55.4 
5.6 

90.7 
5.7 

9.4 



166.8 



34.8 
7.5 
20.1 
30.7 
20.1 



113.2 



32.2 
7.5 
20.1 
30.7 
22.1 



112.6 



32.7 
7.6 
19.5 
31.7 
24.1 



115.6 



31.1 
7.5 
19.2 
32.5 
27.0 



117.3 



29.8 
7.4 
19.4 
32.0 
31.4 



120.0 



28.2 
7.3 
19.7 
31.9 
35.5 



122.6 



25.6 
7.2 
19.1 
32.8 
41.8 



126.5 



18.1 
7.1 
19.0 
39.6 
51.3 



135.1 



26.6 
6.2 
17.8 
39.7 
59.8 



150.1 



29.1 
5.9 
17.9 
40.6 
73.3 



166.8 



188.4 



Note: for footnotes see page 183. 



197 



NOVEMBER 1950 



V— FINANCIAL STATISTICS : 19 ELECTRICAL UTILITY COMPANIES*! 

Bank of Canada 



Millions of Dollars PROFIT STATISTICS 


SUMMARY STATEMENT 












Fiscal Year Nearest to Calendar Year 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


Net Operating Profit (Before Depreciation)' 11 


39.9 
9.3 
1.6 

16.7 

15.5 
3.1 

12.4 

11.2 

1.2 


47.7 

11.6 

1.6 

17.5 

20.2 
7.4 

12.8 

12.5 

.3 


53.1 

12.8 
1.2 

17.2 

24.3 
10.8 

13.5 

11.3 

2.2 


61.9 

13.7 

1.2 

16.9 

32.5 
17.1 

15.4 

10.0 

5.4 


60.3 

14.8 

1.7 

16.5 

30.7 
15.2 

15.5 

10.5 

5.0 


55.5 

15.0 

1.8 

16.2 

26.1 
11.5 

14.6 

11.5 

3.1 


57.7 
15.0 
2.1 
15.7 

29.1 
14.3 

14.8 

11.7 

3.1 


57.3 

15.4 

2.5 

14.8 

29.6 
13.2 

16.4 

12.3 

4.1 


53.5 

14.3 

3.2 

12.9 

29.5 
11.8 

17.7 

20.4 

2.7 


53.4 

15.1 

3.3 

13.7 

27.9 
10.5 

17.4 

13.8 

3.6 


59.3 




17.2 

3.4 

15.4 

30.1 
12.2 

17.9 


Investment and Other Non-Operating Income (Net) 

Bond Interest (incl. Exchange & Amortization of Discount) 

Income & E. P. Tax Provision (ex. Refundable Portion). . . 
Net Income to Stockholders'" 




14 6 


Undistributed Income'" 


3.3 







SOURCE AND USE OF FUNDS' 3 ' 



Net Source of Funds 

Net Income to Stockholders 

Cash Dividends 

Undistributed Profits 

Depreciation Charges 

Other Non-cash Charges against Current Income' 2 ' '*' 

Total Funds From Current Income 

Issue of Common Stock 

Total Net Sources of Funds 

Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock 

Increase in Misc. Assets (less Misc. Liabilities) 

Sub-Total 

Increase in Working Capital ex. Inventories' 5 ' 

Total Net uses of Funds 



12.4 
11.2 



1.2 
9.3 

.5 


.3 

11.6 

.5 


11.0 
.2 


12.4 

.1 



11.2 



12.8 
12.5 



12.5 



13.5 
11.3 

2.2 

12.8 

.6 

15.6 



15.6 



15.4 
10.0 

5.4 

13.7 

.5 

19.6 



19.6 



15.5 
10.5 

5.0 

14.8 

.5 

20.3 
20.3 



14.6 
11.5 

3.1 

15.0 
.5 

18.6 
.1 

18.5 



14.8 
11.7 

3.1 

15.0 

.6 

18.7 
.2 

18.5 



16.4 
12.3 

4.1 

15.4 

.8 

20.3 
.2 

20.5 



17.7 
20.4 

2.7 
14.3 

.7 

12.3 
.2 

12.1 



17.4 
13.8 

3.6 

15.1 

.8 

19.5 



20.1 



6.8 

.2 

5.8 

.4 
3.8 
1.4 

8.0 
3.2 



7.4 

.4 

6.0 

4.9 

2.9 

3.8 
8.7 



8.1 

.8 

3.7 

10.7 

1.9 

14.0 
1.6 



6.1 
.1 

.6 
1.2 
8.0 



16.4 
3.2 



4.1 

.1 

1.6 

1.6 

10.7 

.7 

15.4 
4.9 



7.7 
.3 
.4 
.7 

5.4 



14.2 
4.3 



9.8 
1.0 
.3 
1.2 
2.5 

1.2 

11.0 
7.5 



23.2 

2.7 

.1 

.2 

6.2 

.5 

1.3 

30.4 
9.9 



11.2 



12.5 



15.6 



19.6 



20.3 



18.5 



18.5 



20.5 



34.1 

4.6 

.6 

14.9 

29.8 

4.6 

.8 
12.9 

12.1 



73.8 

2.1 

5.4 

.7 

44.3 

4.5 

.1 

21.1 
1.0 

20.1 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Government Account (Net) 

Miscellaneous Assets less Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 

Total 



12.3 
2.5 
7.9 
5.8 

28.5 

6.1 

.8 

3.7 

6.1 

11.8 

593.2 
40.8 

43.1 

688.9 



24.7 
2.8 
8.8 
6.2 

42.5 

8.0 

.4 

7.4 

6.1 

20.6 

588.2 
34.9 

40.2 



683.9 



25.3 
6.4 
9.7 

7.0 

48.4 

10.4 

.4 

8.9 

5.9 



22.8 

583.2 
31.1 

39.0 



676.1 



23.8 

12.7 

9.9 

6.9 

53.3 

12.0 

.6 

8.5 

6.1 



26.1 

1.3 

575.6 

31.5 

38.0 



672.5 



19.3 

23.5 

9.2 

6.8 

58.8 

12.3 

.8 

8.3 

5.9 



31.5 

2.9 

564.8 

30.3 

37.0 



666.5 



16.5 

29.2 

8.5 

7.1 

61.3 

10.9 

.3 

7.4 

5.7 



37.0 

3.4 

557.3 

30.7 

35.6 



664.0 



19.2 

39.0 

9.5 

8.1 

75.8 

14.0 

.1 

9.3 

6.8 



45.6 

4.6 

552.1 

31.0 

39.3 



672.6 



18.0 

31.5 

9.4 

10.8 

69.7 

14.5 

.6 

9.7 

4.9 



40.0 

4.8 

559.5 

30.9 

.6 

40.9 



676.7 



14.5 
50.0 
10.8 
15.3 

90.6 

17.0 

.6 

9.1 

5.9 



58.0 

4.8 

580.7 

31.5 

1.1 

40.1 



716.2 



27.1 
40.8 
12.4 
17.4 

97.7 

21.4 

1.6 

9.6 



58.9 

4.1 

638.9 

26.1 

1.1 

39.5 



768.6 



379.9 
1.9 

51.1 
226.5 

33.3 

688.9 



375.0 
.5 

50.4 
225.3 

32.7 



363.8 
2.4 

50.4 
225.0 

34.5 



355.7 
2.3 

50.4 
224.9 

39.2 



346.1 
2.1 

50.4 
224.9 

43.0 



341.3 
2.6 

50.4 
224.8 

44.9 



350.0 
1.6 

50.4 
224.6 

46.0 



347.5 
3.6 

50.9 
224.8 

49.9 



363.7 

.6 

80.7 

2L 1 4..- 1 
46.7 



409.2 
.3 

85.4 
225.1 

48.8 



683.9 



676.1 



672.5 



666.5 



664.0 



672.6 



676.7 



716.2 



768.6 



Note: for footnotes see page 183. 



NOVEMBER 1950 



198 









VI- 


-BUSINESS ACTIVITY 

Dominion Bureau of Statistics 












PRODUCTION 


Res- 
idential 

Con- 
struction 
Contracts 


Car 
Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 

(3) 


Aggregate 

Payrolls 

Index 

(i) 




Goldt 


Nickel 


Steel 


News- 
Print 


Central 
Electric 










CD 


Stations' 2 ' 


Awarded 






Unadjusted 
June 1, 


Unadjusted 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 








June 1, 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


Thousands 


of Dollars 


1941 = 100 


1941 = 100 


Annua! Totals' 41 






















1932 


3,044 


15 


380 


2,186 


12,296 


29 


2,180 


254 


57.2 





1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,124 


129 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


Oct. 1950 


4,413* 


122* 


3,327 


5,243 


44,993 


529 


3,875 


863 


129.2 


223.0 


1949— May 


333.1 


11.3 


293.2 


442.7 


3,588 


48.2 


313 


72.1 


123.8 


207.3 


June 


344.3 


10.7 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


327.2 


9.7 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.6 


217.6 


Aug. 


359.9 


10.0 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


Sept. 


343.6 


9.6 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


366.9 


10.8 


258.9 


435.7 


3,627 


44.7 


370 


82.9 


132.4 


223.8 


1950— May 


373.8 


11.0 


290.9 


459.9 


3,795 


54.2 


338 


73.6 


123.6 


215.7 


June 


368.9 


10.8 


276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.6 


222.6 


July 


368.4 


9.3 


264.2 


439.3 


3,707 


74.2 


332 


55.3 


132.5 


232.1 


Aug. 


376.4 


7.7 


281.3 


466.4 


3,841 


48.5 


275 


60.8 


133.9 


235.7 


Sept. 


364.9 


11.7 


274.9 


437.6 


3,843 


56.3 


363 


78.3 


135.1 


232.0 


Oct. 






293.9 


456.4 


4,092 


54.8 


385 


83.8 


137.1 


244.9 



(2) Total output less exports and secondary power. (3) 8 Leading industries. 
Hrst of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Sept. 1950. t 1949 figures revised. 



RETAIL MERCHANDISE TRADE 



TOTAL VALUE 
OF RETAIL TRADE 

MILLIONS OF DOLLARS 



PERCENTAGE CHANGE FROM SAME MONTH 
OF PREVIOUS YEAR 

MONTHLY FIGURES PERCENT 





J FMAMJJA S 



PERCENTAGE CHANGE FROM SAME NINE MONTHS DISTRIBUTION OF INCREASE IN VALUE OVER 

OF PREVIOUS YEAR BY TYPE OF STORE SAME NINE MONTHS OF PREVIOUS YEAR 

PERCENT 9 MONTHS ENDING SEPTEMBER 1950 MILLIONS OF DOLLARS 



30 

20 

10 
+ 





a £ « ° 

rirnnM] 1 




199 



NOVEMBER 1950 



VII— WHOLESALE PRICES 

Index 1935-39 = 100 
CANADA U.K. 

Dominion Bureau of Statistics™ Board of Trade™ 



U.S.A. 

Bureau of Labor Statistics^* 





Farm 


Raw 




Manu- 






Products 

* 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


226.2 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-Oct. 


222.2 


222.1 


204.2 


187.9 


203.9 


Nov. 


222.5 


222.1 


203.4 


187.8 


203.8 


Dec. 


222.4 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


219.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


222.2 


223.4 


202.3 


187.6 


204.9 


Mar. 


226.9 


226.4 


205.6 


188.8 


206.6 


Apr. 


228.8 


228.1 


205.6 


189.1 


207.7 


May 


231.6 


232.4 


206.8 


189.1 


209.9 


June 


240.9 


237.6 


211.0 


191.1 


214.0 


• July 


244.3 


242.5 


216.8 


192.2 


216.5 


Aug. 


229.3 


242.2 


218.2 


197.0 


218.5 


Sept. 


227.9 


245.9 


220.7 


204.6 


225.2 


Oct. 


221.6 


240.7 


218.1 


205.4 


223.9 





Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.8 


231.7 


221.1 


238.9 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.2 


247.1 


231.8 


251.4 


235.9 


256.5 


234.6 


258.3 


232.9 


261.6 


228.3 


265.4 


231.3 


273.7 


237.0 


280.9 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164.8 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.4 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


210.0 


208.7 


201.8 


180.1 


188.8 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 


231.6 


228.9 


216.7 


190.8 


202.1 


233.7 


233.2 


220.7 


194.7 


206.5 


237.4 


236.7 


224.0 


198.1 


210.3 


233.9 


234.6 


218.1 


197.5 


209.8 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926— 100. 

(2) Adjusted to 1935-39-100 from base 1913 = 100 in 1929 and from base 1930 = 100 thereafter. 

(3) Adjusted to 1935-39= 100 from base 1926-100. 

* An Independent series with different weighting and different prices from those included in the "Total Indpx". Prices include subsidies. The series 
is not entirely comparable with the U.S.A. "Farm Products Index". Revised to include Participation payments for the crop year 1949. 



VIII— COST OF LIVING* 



Index 1935-39 = 100 




Dominion Bureau of Statistics 










Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


12S.8 


160.8 


First of Month 
















1949— July 


207.2 


129.1 


183.3 


123.4 


167.5 


128.5 


162.1 


Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


Mav 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214.3 


137.7 


180.7 


134.9 


166.9 


132.5 


167.5 


Aug. 


216.7 


138.4 


180.9 


134.9 


168.9 


132.5 


168.5 


Sept. 


218.8 


140.8 


1S2.3 


135.5 


171.1 


132.8 


169.8 


Oct. 


220.1 


141.0 


183.5 


135.5 


172.7 


133.3 


170.7 


Nov. 


218.6 


140.6 


1S4.5 


13(5. 1 


L74.8 


133.4 


170.7 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450-$2.5OO. with incomes between $1,000-11,600 most common. 



NOVEMBER 1950 



200 



Millions of Dollars 



IX -EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS'"* 





TOTAL EXPORTS (EXCLUDING GOLD) TO 


Net 




U.S.A. 


U.K. 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 
Europe & 
Colonies 

(4) 


Central 

AND 

South 
America 


All 

Other 

(5) 


Total 

All 

Countries 


Non- 
Monetary 
Gold 
Exports 


Calendar Years 

1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


96 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


99 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


119 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


139 


I2-Mths. ending 

Oct. 1950 <9) 


1,995 


497 


55 


49 


114 


197 


151 


83 


3,140 


167 


Monthly 

1949-Aug. 


117.0 


65.6 


6.5 


6.8 


8.4 


20.6 


12.8 


9.4 


247.2 


13.8 


Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


11.2 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


13.2 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


15.4 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


12.5 


1950 Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


15.8 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


11.7 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


13.5 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


4.9 


209.0 


11.4 


May 


178.6 


53.3 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 


15.8 


June 


178.9 


52.9 


3.7 


5.5 


9.1 


17.6 


15.0 


6.8 


289.4 


15.0 


July 


170.1 


31.9 


4.9 


4.3 


9.7 


19.4 


11.2 


4.1 


255.5 


14.8 


Aug. 


170.9 


41.4 


3.8 


2.0 


6.1 


18.2 


14.6 


6.1 


263.2 


13.8 


Sept. 


195.5 


34.6 


5.3 


3.6 


8.2 


15.8 


17.0 


4.9 


285.0 


10.8 


Oct. (6) 


207.2 


45.9 


4.3 


4.9 


7.0 


23.5 


15.4 


5.9 


314.0 


16.4 



Millions of Dollars 



MERCHANDISE IMPORTS 



(2)* 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 








U.K. 


Union 


Other 


Western 


Central 




Total 




U.S.A. 


U. K. 


Dependen- 


of 


Sterling 


Europe & 


and 


Other 


All 






(2) 




South 


Area 


Colonies 


South 














Africa 


(3) 


(4) 


America 


(5) 




Calendar Years 




















1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 


1,952 


306 


107 


4 


77 


83 


193 


39 


2,760 


12-Mths. ending 




















Sept. 1950 (6) 


2,006 


357 


119 


4 


90 


96 


213 


62 


2,946 


Monthly 




















1949-Aug. 


143.6 


25.5 


10.2 


.3 


6.3 


6.3 


15.3 


3.9 


211.4 


Sept. 


158.0 


21.7 


9.5 


.2 


5.6 


6.4 


16.7 


3.3 


221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1 950- Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


.2 


7.2 


6.4 


14.9 


4.7 


230.9 


May 


195.5 


36.3 


16.0 


.6 


7.6 


8.8 


18.8 


6.5 


290.2 


June 


188.3 


37.1 


13.4 


.4 


9.7 


10.1 


15.2 


8.3 


282.4 


July 


170.6 


32.7 


12.6 


.3 


9.1 


9.8 


18.2 


6.1 


259.5 


Aug. 


172.6 


34.3 


14.1 


.2 


7.3 


10.9 


21.9 


6.0 


267.3 


Sept. (6> 


177.4 


36.2 


14.7 


.6 


8.4 


11.0 


25.4 


6.0 


279.7 


Oct. (7) 


213.7 


40.8 














323.7 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



514 
225 
489 
263 

154 

35.8 
12.4 
40.7 
53.8 
60.5 

12.1 
1.5 
3.1 

21.9 
6.6 
6.9 
3.9 
4.0 
5.3 
9.7 



* Commencing April 1, 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



(3) 

(4) 
(5) 

(6) 



1947 articles admitted free under Order in Council (9213) and the item 

"Canadian Goods Returned" (9195) are excluded. 

Consists of Eire, India, Pakistan, Burma, Australia, New Zealand, Iceland, 

Ceylon and Iraq. Egypt is included in All Other. 

Excludes Spain, but includes Greece, Turkey, and British Sudan. 

Includes Egypt, Spain, Palestine, and also Newfoundland until March 31, 

1949. 

Preliminary. (7) Estimates. 



201 


















NOVEMBER 1950 


















X— MERCHANDISE IMPORTS^ 


















Compiled from "Trade of Canada 


• 


Millions of Dollars 




















(Excli 


: ' 


Calendar 
Years 


Fruits 
and 
Nuts 


Vegetables 


Grains 
and 

Milled 
Products 
(incl. rice) 


Sugar 

and 

Products 


Tea 

and 

Coffee 


Alcoholic 

Beverages 

(1) 


Vegetable 
Oils 
(non- 
edible) 


Rubber 
(incl. syn- 
thetic) 


Furs 


Hides 

and 

Leather 

(unmfd. 

and mfd.) 


Other 

Vegetabl 

and 

Animal 

Product 




1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


64 


.' 


1932 


21 


5 


6 


17 


10 


17 


5 


4 


4 


6 


20 




1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


27 


j 


1946 


118 


27 


20 


40 


26 


13 


12 


20 


27 


13 


58 


. 


1947 


100 


25 


36 


57 


35 


14 


23 


29 


22 


26 


76 


: 


1948 


91 


8 


31 


72 


42 


16 


19 


32 


25 


19 


83 


: 


1949 


96 


19 


26 


71 


50 


22 


21 


29 


20 


25 


74 


'.' 


12-Mths. ending 

Sept. 1950 


114 


24 


35 


77 


67 


18 


28 


38 


20 


24 


79 


v 


Monthly 

1949— Aug. 


7.7 


.4 


2.0 


5.7 


3.9 


1.6 


1.5 


2.5 


.6 


2.2 


4.8 


I 


Sept. 


7.2 


.2 


2.2 


5.1 


4.2 


1.6 


1.5 


1.8 


1.8 


2.4 


7.4 [ 


Oct. 


10.4 


.9 


3.1 


7.9 


4.5 


1.8 


2.5 


2.7 


1.8 


1.9 


7.4 




Nov. 


10.5 


1.2 


5.1 


10.7 


5.7 


2.7 


2.4 


2.7 


1.6 


1.7 


7.2 i" 


Dec. 


9.2 


1.7 


2.6 


4.5 


4.4 


3.1 


1.6 


2.4 


1.2 


1.8 


5.9 




1950— Jan. 


5.8 


1.9 


1.0 


2.0 


6.0 


1.6 


1.7 


3.0 


2.3 


2.3 


6.2 




Feb. 


7.3 


2.1 


1.0 


1.7 


5.1 


1.0 


1.9 


3.1 


2.3 


2.5 


5.2 




Mar. 


8.9 


2.5 


1.0 


4.5 


4.0 


1.0 


3.1 


3.0 


1.8 


2.7 


7.0 




Apr. 


7.7 


2.8 


1.6 


3.1 


7.2 


1.0 


1.7 


3.1 


1.3 


2.0 


6.3 h 


May 


10.9 


4.1 


3.7 


10.7 


6.5 


1.0 


2.1 


3.1 


2.1 


1.9 


8.1 1 


June 


12.2 


4.3 


4.5 


9.1 


5.1 


1.4 


3.2 


2.8 


1.3 


1.7 


6.0 L 


July 


11.3 


2.2 


3.1 


7.8 


5.8 


1.1 


3.9 


2.8 


1.0 


1.4 


5.3 •- 


Aug. 


10.9 


.3 


4.0 


8.2 


5.6 


1.2 


1.9 


4.1 


1.4 


1.9 


6.7 ; 


Sept. 


9.1 


.3 


4.5 


7.4 


6.8 


1.5 


2.0 


5.6 


2.2 


2.5 


7.5 


- 


Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs. Ingots 
Blooms 

and 
Billets 


Bars and 

Rods incl. 

Rails 


Sheets, 

Plates. 

Hoop. Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 

and 
Forgings 


Engines, 
Loco- 
motives 
and Boilers 


Farm 
Implements 

and 
Machinery 


Machinery 
(except 

agri- 
cultural) 


Motor 
Vehicle <-■ 
and a; 
Parts St* 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


85 


K 


1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


13 . 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


1946 


93 


6 


1 


8 


38 


8 


7 


29 


68 


130 


106 jj 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


200 


17S 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


132 1; 


1949 


131 


12 


6 


13 


67 


18 


13 


59 


177 


216 


167 L 


12-Mths. ending 

Sept. 1950 


152 


13 


3 


8 


54 


14 


9 


54 


170 


213 


223 L 


Monthly 

1949— Aug. 


9.5 


1.9 


_ 


.7 


5.3 


1.3 


.8 


4.8 


14.1 


14.1 


13.21 


Sept. 


10.6 


.7 


.1 


.8 


5.2 


1.6 


.7 


4.1 


14.1 


16.6 


13.SI 


Oct. 


12.2 


1.8 


.1 


.5 


2.9 


.7 


.7 


4.2 


12.2 


17.7 


14.9 


Nov. 


13.1 


.2 


.3 


.4 


1.9 


.5 


1.1 


3.9 


12.6 


17.4 


13.5 


Dec. 


11.8 


.3 


.1 


.5 


3.9 


1.2 


.8 


4.3 


10.6 


16.7 


12.2 


1950— Jan. 


11.0 


- 


.1 


.5 


4.4 


1.2 


.7 


3.6 


13.1 


18.2 


15.7. 


Feb. 


10.5 


- 


.1 


.6 


3.9 


1.3 


.5 


3.3 


13.3 


14.7 


18.11. 


Mar. 


13.3 


- 


.1 


.7 


3.7 


1.2 


.5 


4.5 


17.7 


lvl 


19.7k 


Apr. 


11.9 


- 


.1 


.7 


4.2 


1.1 


.7 


4.3 


1S.3 


18.5 


18. 


May 


15.1 


.8 


.3 


.7 


6.2 


1.4 


.9 


6.4 


20.1 


21.8 


21 


June 


14.5 


2.0 


.2 


1.1 


5.7 


1.3 


.7 


4.9 


15.8 


19.0 


2ti 1 


July 


12.6 


2.5 


.4 


.9 


5.6 


1.3 


.7 


6.3 


13.0 


17.2 


■22 


Aug. 


12.8 


2.5 


.4 


.7 


5.3 


1.2 


.7 


4.4 


L3.7 


it..;. 


19.61 


Sept. 


13.6 


3.3 


.7 


1.0 


6.3 


1.5 


1.0 


3.7 


8.9 


17.3 


20.21 




(1) Before 1935 impor 
in Council (9213) a 


t totals are 9 
nd the item 


ibstantially i 
'Canadian G 


>ver-v.ilued c 
oods Return 


wing to inch 
sd" (9195) ax 


sion of U.K. 
e excluded. 


excise taxes 


on spirits im 


ported from 


that country 


t Imports from 





NOVEMBER 1950 



202 



MMODITY CLASSIFICATION 

Union Bureau of Statistics 
Sold) 



Millions of Dollars 



Cotton 


Silk 

(raw and 

mfd.) 


Wool 


Artificial 
Silk 


Flax, Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




and 
nfd. 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


28 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


8 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


21 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


15 


75 


4 


30 


35 


22 


23 


31 


19 


31 


20 


1946 


31 


119 


7 


30 


54 


34 


38 


46 


23 


32 


35 


1947 


57 


78 


4 


48 


67 


30 


27 


39 


17 


31 


25 


1948 


37 

n 

.8 


73 

61 

3.6 


6 

7 
.4 


37 

46 

3.1 


63 

49 
5.7 


30 
20 
1.5 


20 

24 
1.4 


37 

41 

3.2 


20 
22 
1.5 


36 

42 

3.0 


30 

32 

2.5 


1949 

12-Mths. ending 

Sept. 1950 

Monthly 

Aug.— 1949 


.2 


3.3 


.4 


2.0 


4.2 


1.4 


1.7 


2.9 


1.6 


3.7 


2.7 


Sept. 


.0 


4.2 


.5 


3.0 


3.2 


1.6 


1.9 


3.1 


2.0 


3.7 


2.5 


Oct. 


.6 


4.5 


.5 


2.3 


3.5 


1.7 


1.9 


3.4 


1.8 


3.8 


2.7 


Nov. 


.0 


4.2 


.5 


2.5 


2.8 


1.4 


1.1 


3.0 


1.6 


3.2 


2.1 


Dec. 


.5 


6.1 


.6 


3.0 


4.6 


1.8 


1.9 


3.8 


1.6 


3.2 


2.3 


Jan. — 1950 


.3 


5.4 


.6 


3.3 


4.1 


1.6 


2.1 


3.7 


1.7 


3.0 


2.7 


Feb. 


.3 


5.6 


.6 


4.3 


5.0 


1.8 


1.9 


3.9 


1.9 


3.7 


2.9 


Mar. 


.7 


6.0 


.5 


3.1 


3.9 


1.6 


2.4 


3.5 


1.8 


3.3 


2.4 


Apr. 


.0 


5.7 


.5 


4.2 


4.2 


1.6 


2.6 


4.0 


2.1 


3.7 


2.7 


May 


.4 


4.9 


.6 


5.1 


4.3 


1.4 


2.0 


3.0 


1.9 


3.2 


3.1 


June 


.4 


5.0 


.6 


4.9 


4.0 


1.4 


2.6 


3.0 


1.8 


3.2 


2.8 


July 


.0 


4.9 


.5 


5.5 


4.7 


1.7 


1.4 


3.2 


1.8 


3.6 


2.9 


Aug. 


.0 


4.8 


.6 


4.5 


4.2 


1.7 


2.3 


3.7 


1.9 


3.8 


2.9 


Sept. 



her 
on 
nd 
eel 


Bauxite 
Ore 


Tin 

and 

Products 


Electrical 
Apparatus 


Other 

Non-ferrous 

Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


All 

Other 

Imports 


Totalt 
Imports 


Calendar 
Years 


60 


3 


3 


37 


48 


64 


77 


11 


35 


75 


1,299 


1929 


14 


2 


1 


8 


11 


35 


43 


5 


13 


33 


453 


1932 


33 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


89 


9 


6 


48 


58 


133 


123 


23 


53 


119 


1,864 


1946 


27 


9 


7 


69 


77 


154 


207 


29 


63 


159 


2,570 


1947 


28 


10 


8 


62 


76 


206 


301 


26 


73 


115 


2,636 


1948 


43 
60 
.3 


10 

9 

1.3 


8 

8 

1.1 


70 

79 

5.4 


87 
105 
5.8 


157 

175 

11.5 


274 

290 

23.6 


25 

27 

2.0 


79 

81 
7.4 


157 

150 

14.5 


2,760 
2,946 
211.4 


1949 

12-Mths. ending 

Sept. 1950 

Monthly 

Aug.— 1949 


..4 


1.5 


.2 


5.3 


5.6 


14.4 


27.2 


2.1 


7.6 


14.5 


221.4 


Sept. 


).8 


1.4 


.3 


7.5 


8.0 


12.1 


25.2 


2.4 


7.8 


14.1 


234.2 


Oct. 


).6 


1.5 


.6 


6.8 


9.7 


13.9 


23.0 


2.8 


7.5 


14.0 


239.5 


Nov. 


)A 


.2 


.4 


5.8 


8.3 


12.5 


26.4 


2.0 


5.0 


11.0 


213.3 


Dec. 


).3 


.3 


.4 


6.7 


9.1 


12.3 


16.1 


2.0 


5.1 


10.8 


211.9 


Jan. — 1950 


5.7 


.1 


.3 


5.5 


7.2 


10.1 


15.2 


2.0 


4.6 


9.5 


200.1 


Feb. 


).6 


.2 


.9 


7.3 


10.4 


10.5 


20.5 


2.3 


5.5 


7.2 


237.3 


Mar. 


'.9 


.3 


.6 


6.9 


7.3 


13.2 


15.9 


2.2 


5.9 


10.3 


230.9 


Apr. 


5.8 


.6 


.6 


7.2 


8.4 


18.1 


30.0 


2.7 


7.9 


14.1 


290.2 


May 


;.i 


.9 


.9 


6.8 


8.5 


18.1 


29.1 


2.3 


7.7 


13.7 


282.4 


June 


LI 


1.1 


.5 


5.7 


8.1 


16.1 


26.9 


2.2 


8.1 


13.5 


259.5 


July 


5.4 


.9 


1.1 


6.4 


7.6 


18.3 


28.6 


2.2 


7.9 


16.6 


267.3 


Aug. 


S.3 


1.7 


1.2 


6.5 


12.1 


19.5 


33.0 


2.3 


7.7 


15.0 


279.7 


Sept. 



d Kingdom do not include articles imported for the use of the armed forces of the United Kingdom. In the years 1946 and 1947 articles free under Order 



STATISTICAL SUMMARY 

BANK OF CANADA 

Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 203-204 

Chartered Banks: Canadian Deposits, Loans and Govt, of 

Canada and Provincial Securities 203 

Total Active Note Circulation 204 

II Chartered Banks: 

Liabilities and Assets 205-206 

III General Public Holdings of Certain Liquid Assets 205 - 206 

IV Chartered Banks: 

Annual Classification of Loans in Canada 207 - 208 

Annual Classification of Public Demand and Notice Deposits in Canadian 

Currency 209 

V Security Prices: 

Government Securities Payable in Canada only 209 

Government Securities: Canada, U.K. and U.S. A 210 

Yields of Government Bonds, Canada, U.K. and U.S.A. . . . 210 

VI Government Bond Yields: Canada, U.K. and U.S.A 211 

VII Official Holdings of Gold and United States Dollars .... 211 

VIII Business Activity 212 

Production, Shipments and Imports of Iron and Steel . . . 212 

IX Public Finance: Municipalities: 

Outstanding Debt 213 

Current Revenue and Expenditure 214 

X Wholesale Prices 215 

Wholesale Prices: Canada and U.S.A. 215 

XI Cost of Living 216 

Cost of Living Indexes 216 

XII Merchandise Exports: Commodity Classification 217-218 

XIII Exports and Imports by Countries 219 

XIV U.S.A. Statistics: 

Employment, Production, Construction, Inventories, Income and Prices 220 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. Most of the figures in the Summary are, for want of space, given to a 
certain degree of approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



DECEMBER I960 



203 
















DECEMBER 1950 


Millions of Dollars 
















] 


[—BANK 




LIABILITIES 




Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits' 1 * 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Total 

Liabilities 

or 

Assets 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 




















Month-end Figures 




















1935—10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


290.4 


1937—12 Mths. 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


373.3 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


448.5 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,480.9 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,840.7 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,898.8 


1947 


152.8 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,919.8 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,973.1 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,109.5 


End of 




















1949— Aug. 


198.8 


578.0 


776.7 


109.7 


61.8 


60.7 


1,071.0 


38.5 


2,118.4 


Sept. 


166.0 


611.5 


777.5 


141.0 


64.1 


65.6 


1,124.7 


44.2 


2,217.1 


Oct. 


192.8 


626.0 


818.8 


66.1 


77.4 


70.4 


1,100.7 


58.4 


2,191.7 


Nov. 


201.6 


544.7 


746.3 


27.2 


84.1 


71.6 


1,081.4 


45.1 


2,055.9 


Dec. 


211.8 


541.7 


753.5 


30.7 


126.9 


79.6 


1,095.6 


39.5 


2,125.9 


1950— Jan. 


200.2 


530.7 


730.9 


94.3 


145.8 


78.6 


1,059.0 


42.1 


2,150.8 


Feb. 


179.5 


554.8 


734.4 


24.3 


176.4 


82.2 


1,071.1 


21.9 


2,110.3 


Mar. 


150.5 


567.3 


717.8 


71.2 


150.7 


79.2 


1,108.0 


36.9 


2,163.7 


Apr. 


165.5 


551.6 


717.1 


41.3 


199.8 


91.5 


1,104.3 


27.8 


2,181.9 


May 


210.6 


534.3 


745.0 


68.9 


202.7 


78.8 


1,065.3 


31.1 


2,191.7 


June 


154.7 


544.5 


699.2 


35.3 


215.8 


89.6 


1,121.1 


40.5 


2,201.6 


July 


200.3 


552.7 


753.0 


19.6 


228.9 


94.6 


1,093.9 


34.4 


2,224.5 


Aug. 


220.2 


568.2 


788.3 


16.7 


233.1 


106.2 


1,083.6 


36.9 


2,265.0 


Sept. 


179.3 


555.8 


735.1 


22.0 


258.2 


89.6 


1,139.1 


38.6 


2,282.6 


Oct. 


211.8 


621.7 


833.5 


39.0 


235.2 


143.3 


1,110.0 


48.3 


2,409.4 


Nov. 


204.1 


578.8 


782.9 


45.3 


221.0 


149.7 


1,119.4 


56.3 


2,374.6 



(1) Includes foreign exchange items for account of foreign clients and also Government of Canada and F.E.C.B. commencing March 31. 1949. * May 1940 and subseq 
gold and foreign exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board 



CHARTERED BANKS : CANADIAN DEPOSITS, LOANS AND GOVT. OF CANADA 

AND PROVINCIAL SECURITIES 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



8000 



7000 



6000 



5000 



4000 



3000 



2000 




8000 



7000 



6000 



5000 



4000 



3000 



2000 



■ 



DECEMBER 1950 



204 



DF CANADA 



Millions of Dollars 



ASSETS 






Silver 


Foreign (I) 
Exchange 


Securities 


Advances 


All 

Other 

Accounts 




Gold 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Mouth-end Figures 


151.2 


1.4 


7.6 


27.4 


95.6 


- 


- 


123.0 


3.4 


3.9 


1935—10 Mths. 


182.0 


2.5 


19.0 


59.7 


97.7 


- 


6.5 


163.9 


- 


5.9 


1937—12 Mths. 


210.8 


- 


41.7 


142.8 


46.2 


- 


- 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 










- 


44.1 


831.1 


573.6 


2.5 


- 


1,407.1 


.4 


29.3 


1944 


_ 


- 


173.9 


1,028.5 


595.9 


10.0 


- 


1,634.4 


.5 


31.8 


1945 


_ 


- 


27.3 


1,247.3 


583.4 


11.7 


- 


1,842.4 


- 


29.1 


1946 


- 


- 


1.5 


1,116.5 


756.6 


18.3 


- 


1,891.5 


.3 


26.5 


1947 


- 


- 


.4 


1,133.3 


787.7 


25.0 


- 


1,946.0 


- 


26.7 


1948 


- 


- 


53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


— 


33.4 


1949 

End of 


- 


- 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


- 


34.1 


Aug.— 1949 


- 


- 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


- 


88.5 


Sept. 


_ 


- 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


- 


49.7 


Oct. 


_ 


- 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


- 


23.8 


Nov. 


- 


- 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


- 


12.0 


Dec. 


_ 


_ 


73.2 


1,769.1 


235.4 


25.0 


5.5 


2,035.0 


- 


42.6 


Jan.— 1950 


_ 


- 


76.8 


1,786.2 


191.1 


25.0 


5.5 


2,007.8 


- 


25.7 


Feb. 


_ 


_ 


73.8 


1,655.9 


358.9 


25.0 


5.5 


2,045.4 


- 


44.6 


Mar. 


- 


- 


86.2 


1,668.3 


371.0 


25.0 


5.5 


2,069.8 


- 


25.9 


Apr. 


- 


- 


73.4 


1,685.7 


372.6 


25.0 


5.5 


2,088.8 


- 


29.5 


May 


_ 


- 


84.2 


1,436.7 


622.0 


25.0 


5.5 


2,089.2 


- 


28.2 


June 


_ 


- 


89.2 


1,431.0 


638.7 


25.0 


5.5 


2,100.2 


- 


35.1 


July 


- 


- 


161.5 


1,420.4 


569.2 


25.0 


60.3 


2,074.9 


- 


28.5 


Aug. 


- 


- 


212.3 


1,406.1 


444.6 


25.0 


170.0 


2,045.6 


- 


24.7 


Sept. 


- 


- 


152.5 


1,381.4 


435.7 


25.0 


360.7 


2,202.9 


- 


54.0 


Oct. 


— 


— 


127.4 


1,170.0 


662.0 


25.0 


328.1 


2,185.1 




62.1 


Nov. 



figures give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order, 
ince that date the Bank's minimum gold reserve requirement has been suspended. 



Under these orders the Bank's 



TOTAL ACTIVE NOTE CIRCULATION' 



MILLIONS OF DOLLARS 

1125 



1100 



MILLIONS OF DOLLARS 



1075 



1050 



1025 





MONTHLY AVERAGE 


OF DAILY FIGURES 


*f^~\ 


^ 






1949- 


\// 






^^ 


• 
J/ 


' f — 1 

1950-^ 










^ 1948 








, 















1125 



MOO 



1075 



1050 



1025 





DEC JAN FEB MAR 

* See note (5) table II on page 205. 



MAY 



JUNE 



AUG 



SEPT 



OCT 



NOV 



DEC 



205 




















DECEMBER 1950 












II— CHART] 


RE 


Millions of Dollars 








Bank c 


. 




LIABILITIES 










Deposits 


Ca.sh 


Securities 






Notes 


Demand 


Notice 


Govt, of 

Canada 

and Prov. 


Canadian 
Deposits 

(i) 


Foreign 


Total 

Deposits 

(2; 


in ( 3) 
Canada 


Govt, of Canada 
and Provincial 


Foreign 
Govt. 


Other 


; 




Under 2 yrs.j Over 2 yrs. 




Average of 


























Mth-end Figures 


























1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 




1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 




1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


239 




1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 


424 




1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


547 




1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 


560 




End of 




























1949— Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


550 




Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


819 


997 


2,530 


247 


553 




Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 


543 




Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


242 


545 




1950— Jan. 


1(6) 


2,406 


4,494 


296 


7,287 


744 


8,125 


731 


1,023 


2,544 


251 


547 




Feb. 


- 


2,391 


4,537 


349 


7,350 


728 


8,191 


734 


1,049 


2,540 


252 


549 




Mar. 


- 


2,399 


4,572 


429 


7,490 


719 


8,307 


718 


995 


2,661 


229 


569 




Apr. 


- 


2,330 


4,560 


411 


7,382 


737 


8,226 


717 


956 


2,640 


235 


568 




May 


- 


2,453 


4,557 


407 


7,504 


758 


8,372 


745 


940 


2,655 


243 


570 




June 


- 


2,538 


4,538 


371 


7,552 


745 


8,409 


699 


734 


2,729 


238 


574 




July 


- 


2,493 


4,529 


265 


7,389 


742 


8,233 


753 


734 


2,702 


225 


580 




Aug. 


- 


2,618 


4,543 


412 


7,672 


728 


8,522 


788 


961 


2,713 


215 


588 




Sept. 


- 


2,709 


4,582 


306 


7,659 


709 


8,569 


735 


942 


2,669 


230 


595 




Oct. 


- 


2,822 


4,559 


358 


7,887 


706 


8,724 


834 


892 


2,685 


201 


571 




Nov. 


— 


2,824 


4,543 


452 


7,995 


716 


8,845 


783 


930 


2,567 


205 


579 




(1) Estimated month-end deposits payable in Canadia 


n currency. 


(■2) Includes inter-bank deposits. 


(3) Until March 1935: Gold and Coin in Canada, Domi 


■• 


end Canadian deposits in 1926-35 and monthly average 


deposits in 1 


936 and after 


(5) Bank of Canada notes in public circulation and chartered bank note circulatioi 


1 


standing notes issued for circulation in Canada transfer 


red to Bank 


of Canada d 


uring January 1950. 


III— GENERAL PUBLIC HOLDING! 
Currency, Bank Deposits and 


c 


Millions of Dollars 








Bank c 


u 




Currency and Active Bank Deposits 


Total 

Currenc 

and 

Active 






Currency 
Outside Banks 






Active Ban 


k Deposits 


■ 




Chartered Banks 


(7) 

Bank of 




r 
































(3) 




Other'') 








Canada 


Total 


Bank 


\ 




Notes' 1 ) 


Coin") 


Total 


Demand 


Active <4) 
Notice 


excl. 

Govt. 

of Canada 


Total 


Deduct™ 
Float 


Net 

Total 


"Other" 
Deposits 


Deposit 


)t 


As at Dec. 31 




























1947 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,944 




1948 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,335 




1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4,222 




Month-end 




























1949— Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3,094 


64 


3,158 


4,369 




Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3,527 


414 


3,113 


77 


3,190 


4,377 




Nov. 


1 ,095 


73 


1,168 


2,485 


683 


312 


3,480 


356 


3,124 


84 


3,208 


4,376 




Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,44(1 


335 


3,111 


127 


3,238 


4,422 




1950— Jan. 


1,059 


72 


1,131 


2,406 


692 


318 


3,416 


307 


3,109 


146 


3,255 


4,386 




Feb. 


1,071 


72 


1,143 


2,391 


699 


330 


3,420 


316 


3,094 


176 


3,270 


4,413 




Mar. 


1,108 


73 


1,181 


2,399 


704 


372 


3,475 


361 


3,114 


151 


3,265 


4,446 




Apr. 


1,104 


74 


1,178 


2,330 


704 


351 


3,385 


280 


3,105 


200 


3.305 


4,483 




May 


1,065 


73 


1,138 


2,453 


702 


348 


3,603 


365 


3,138 


203 


3,341 


4,479 




June 


1,121 


75 


1,196 


2,538 


699 


351 


3,588 


475 


3,113 


216 


3,329 


4,525 




July 


1,094 


75 


1,169 


2,493 


695 


318 


3,506 




3,151 


229 


3,380 


4,549 




Aug. 


1,084 


75 


1,159 


2,618 


696 


323 


3,637 


If I 


3,286 


233 


3,519 


4,678 




Sept. 


1,139 


77 


1,216 


2,709 


699 


389 


3,797 




3,445 


258 


3,703 


4,919 




Oct. 


1,110 


77 


1,187 


2,822 


695 


437 


3,954 


451 


3,503 


235 


3,738 


4,925 


1 


Nov. 


1,119 


77 


1,196 


2,824 


694 


419 


3,937 


476 


3,461 


221 


,682 


4,878 


1 


■fa The term General Public refers to holdings of r 


on-residents 


as well as 


(2) Subsidiary coin iss 


led by the Mint less coin held by Bank of Canada and 




residents; for an approximate division between re 


sident and n 


on-resident 


tered banks in 


Canada. 




holdings see Table III, page 159 in the October St 


atistical Sun 


mary. 


(3) Chartered banks' i 


)ublic demand deposits in Canada. 




+ Chartered banks' Newfoundland branch statistic 
1 April 1st, 1949. 


s are includ 


■d as from 


i I i hai i red banks' 


Dublic notice deposits in Canada other than estimated 








aggregate quarterl 


minimum balances in personal savings accounts and 




•kirThe whole of the increase or decrease in Canada's f( 
is embodied in the related factors in this table; 1 


ireign exchai 
the extent 


ge reserves 
that such 


non-personal notic 
(5) Chartered hanks 
and oi Canadian, 


! deposits. 

n dollar deposits of provincial governments, 
nited Kingdom, and foreign banks. 




changes do not appear in the column "Bank of Can 


Ida (iold anc 


i Exchange 


(6) Cheques on other 


banks as siiown in chartered bank month-end returns 




Holdings (net)" they affect changes in "Governi 


tent of Can 


ada Direct 


to the Minister ol 


Finance. 




and Guaranteed Funded Debt.'' 






(7) Other Deposits wit 


i the Bank of Canada as shown in published month-end 




(1) Note Circulation of Bank of Canada and, prior tc 


1950, of th< 


- chartered 


statements — i.e. i 


zcluding Government of Canada, chartered bank and 




banks; excluding notes held by chartered banks. 






foreign currency di 


posits. 


1 



DECEMBER 1950 
LED BANKS 

Canada 



ASSETS 




Loans 






CANADA 


ABROAD 


Total 

Assets 


Total 


Call 


Current 


Current 


Call 


Current 






Public 


Other 








499 


267 


1,343 


112 


301 


248 


3,528 


696 


117 


1,032 


165 


84 


172 


2,869 


1,426 


107 


732 


117 


68 


165 


3,317 


4,108 


104 


1,693 


54 


76 


198 


7,811 


4,120 


81 


1,923 


75 


74 


234 


8,140 


4,370 


97 


2,112 


105 


83 


220 


8,658 


4,463 


103 


2,184 


120 


97 


214 


8,979 


4,327 


137 


2,213 


124 


77 


214 


8,943 


4,395 


119 


2,250 


106 


91 


212 


8,873 


4,345 


133 


2,174 


97 


70 


211 


8,718 


4,365 


100 


2,164 


100 


76 


210 


8,664 


4,391 


84 


2,182 


117 


75 


215 


8,717 


4,453 


83 


2,218 


126 


76 


209 


8,839 


4,398 


103 


2,226 


123 


98 


212 


8,770 


4,408 


105 


2,234 


118 


87 


214 


8,912 


4,276 


145 


2,293 


115 


90 


222 


8,950 


4,240 


94 


2,287 


98 


95 


223 


8,796 


4,478 


99 


2,294 


98 


95 


220 


9,102 


4,436 


101 


2,352 


121 


110 


233 


9,162 


4,349 


115 


2,449 


116 


117 


230 


9,323 


4,280 


164 


2,611 


126 


96 


234 


9,450 



206 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note (s) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


771 


7,312 


10.5 


1,100 


Sept.— 1949 


772 


7,442 


10.4 


1,111 


Oct. 


752 


7,443 


10.1 


1,099 


Nov. 


729 


7,344 


9.9 


1,109 


Dec. 


750 


7,247 


10.3 


1,064 


Jan.— 1950 


722 


7,190 


10.0 


1,060 


Feb. 


723 


7,304 


9.9 


1,070 


Mar. 


748 


7,417 


10.1 


1,078 


Apr. 


742 


7,394 


10.0 


1,070 


May 


724 


7,419 


9.8 


1,071 


June 


755 


7,433 


10.1 


1,084 


July 


781 


7,369 


10.6 


1,082 


Aug. 


734 


7,557 


9.7 


1,096 


Sept. 


812 


7,786 


10.4 


1,107 


Oct. 


779 


7,881 


9.9 


1,111 


Nov. 



l Notes and "Free" Central Gold Reserve Deposits: after that date: Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated month- 

ie latter being, since September 1944, an approximate figure only. (6) Notes issued for circulation outside Canada only commencing in January: liability for out- 



3F CERTAIN LIQUID ASSETS*t 

OVERNMENT OF CANADA SECURITIES 

Canada 



Millions of Dollars 





Govt, of 

Canada 

Securities 


Total 


Related Factors** 




lactive 


Govt, of Canada Direct and Guaranteed Funded Debt (9) 


Bank< 13 > 
Loans 


Bk.of Can 


Deduct 




lartered 

Bank 

Notice 


Held by Bk. of Can. i 


k Ch. Bks. 


Held by Other Investors 






Deduct <"> 






Deduct 




& Non. 


Exchange 


All 
Other 
(Net) 

(14) 




eposits 


(9)(10)(12) 




Total 

(10) 


Govt, of 
Canada 


Net 
Total 


Total 


Securities 
held by all 


Net 
Total 


Invest- 


Holdings 
(Net) 












Deps. 






Govt. A ccts 




































As at Dec. 31 


3,143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


- 


254 


1947 


3,408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


- 


250 


1948 


3,751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


— 


186 


1949 
Month-end 


3,730 


9,977 


18,076 


5,295 


493 


4,802 


10,941 


964 


9,977 


3,400 


- 


103 


Sept.-1949 


3,770 


9,888 


18,035 


5,145 


309 


4,836 


10,754 


866 


9,888 


3,480 


- 


169 


Oct. 


3,764 


9,954 


18,094 


5,092 


270 


4,822 


10,750 


796 


9,954 


3,490 


- 


172 


Nov. 


3,751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


- 


186 


Dec. 


3,802 


9,888 


18,076 


5,149 


163 


4,986 


10,693 


805 


9,888 


3,359 


- 


157 


Jan. — 1950 


3,838 


9,835 


18,086 


5,142 


116 


5,026 


10,623 


788 


9,835 


3,381 


- 


156 


Feb. 


3,869 


9,803 


18,118 


5,255 


217 


5,038 


10,593 


790 


9,803 


3,437 


- 


160 


Mar. 


3,857 


9,772 


18,112 


5,224 


182 


5,042 


10,551 


779 


9,772 


3,455 


- 


157 


Apr. 


3,855 


9,711 


18,045 


5,243 


215 


5,028 


10,495 


784 


9,711 


3,461 


- 


155 


May 


3,839 


9,869 


18,233 


5,116 


160 


4,956 


10,665 


796 


9,869 


3,559 


- 


151 


June 


3,834 


9,812 


18,195 


5,087 


68 


5,019 


10,624 


812 


9,812 


3,502 


- 


138 


July 


3,848 


9,833 


18,359 


5,248 


204 


5,044 


10,639 


806 


9,833 


3,521 


116 


155 


Aug. 


3,883 


10,013 


18,815 


5,039 


1 


5,038 


10,828t 


815 


10,013} 


3,618 


293 


147 


Sept. 


3,864 


10,062 


18,851 


4,990 


108 


4,882 


10,900 


838 


10,062 


3,681 


370 


144 


Oct. 


3,850 


10,178 


18,906 


4,913 


253 


4,660 


11,040 


862 


10,178 


3,921 


306 


159 


Nov. 



(8) Estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits in 
Canada. 

(9) Direct and guaranteed securities (including refundable taxes). For direct 
debt includes both matured and unmatured issues outstanding, exclusive 
of sinking fund holdings; guaranteed debt is included on the basis of the 
total unmatured issues outstanding; Newfoundland debt assumed by 
the Government of Canada has been included since June 1949. Foreign 
pay securities have been valued at official mid-rates of exchange to 
September 30, 1950, and at market mid-rates thereafter. 

(10) Chartered banks' temporary advances to the general public in connection 
with the purchase of Victory Loan Bonds at time of issue, amounting to 
166, 261, 271, and 411 in the years 1942 to 1945 inclusive, have been 



included in bank holdings of Government securities and deducted from 
holdings of the general public. 

Canadian dollar deposits of the Government of Canada at chartered 
banks and Bank of Canada. 

Holdings of all investors other than Bank of Canada, chartered banks 
and Government of Canada accounts. 
(13) All loans in Canada of the chartered banks other than temporary advances 
in connection with Victory Loan issues, plus chartered banks' holdings 
of provincial, municipal and "other" securities, and Bank of Canada 
holdings of Industrial Development Bank Capital stock. 
Net of all related asset and liability items not shown elsewhere in this table. 
Excludes $50 million (U.S. funds) borrowed in New York to redeem an 
issue falling due on October 1st. 



(ID 
(12) 



(14) 
t 



207 



DECEMBER 1950 



Millions of Dollars 



IV— CHART] a 
Annual Classificatu 1 1 

Department of Financ 



1934 



1935 



1936 



1937 



1. Government and Other Public Services 

(1) Provincial governments 

(2) Municipal governments and school districts 

(3) Religious, educational, health and welfare institutions. 



2. 



Total Government and Other Public Services . 

Financial 

(1) Investment dealers and brokers to the extent 

payable on call or within thirty days 

Trust, loan, mortgage, investment and insurance 
companies and other financial institutions 

Total Financial J 



(2) 



3. Personal 

(1) Individuals, for other than business purposes, on the 

security of marketable stocks and bonds 

(2) Individuals, for other than business purposes, 

not elsewhere classified^ 



Total Personal. 



4. Agricultural, Industrial and Commercial 



(1) 
(2) 



Farmers . 
Industry: 



(a) 
(b) 
(c) 
(d) 
(e) 
(f) 
(g) 
(h) 
(i) 
(J) 
(k) 



Chemical and rubber products* 

Electrical apparatus and supplies*. 

Food, beverages and tobacco* 

Forest products* 

Furniture* 

Iron and steel products* 

Mining and mine products* 

Petroleum and products* 

Textiles, leather and clothing* 

Transportation equipment* 

Other products* 



Total Industry* 



(3) 

(4) 
(5) 
(6) 
(7) 
(8) 



Public utilities, transportion and 
communication companies. . . . 

Construction contractors** 

Grain dealers and exporters 

Instalment finance companies* . . 

Merchandisers*** 

Other business**** 



Total Agriculture, Industrial and Commercial 



TOTAL LOANS IN CANADA 



26.8 

107.4 

19.7 

153.9 



90.7 

64.6 
155.3 

115.2 

44.6 
159.8 

64.2 



223.5 

71.4 
21.8 

150.5 
7.5 

119.9 
21.9 

680.7 

1,149.7 



29.7 
96.8 
16.1 



142.6 

66.7 

52.1 
118.8 

101.2 

35.1 
136.3 

59.9 



201.8 

71.3 

24.1 
166.4 

13.3 
115.9 

17.1 

669.8 
1,067.6 



14.7 
92.0 

14.8 

121.5 



97.4 

58.0 
155.4 

111.5 

36.0 
147.5 

54.0 



206.1 

8.4 
23.7 
64.5 
18.3 
117.3 
17.0 

509.3 

933.5 



26.4 
94.2 
16.4 



137.0 

73.5 

43.7 
117.2 

142.8 

46.3 
189.1 

57.5 



229.5 

11.9 
32.1 
30.8 
28.5 
130.2 
16.8 

537.3 

980.6 



t Excludes temporary borrowings by the general public in connection with 
the purchase of Victory Bonds in the years 1942-45 made under the 
Official Instalment Plan which were reported by chartered banks under 
their Government of Canada Security holdings. 

Loans at Newfoundland branches of chartered banks have been included 
in 1949 and 1950. 

■frThe form of the classification has been revised and only 1950 figures arc 



shown exactly as published by the Department of Finance. Figur. I 
prior years have been recast in the new form by the Bank of Canada. The 
estimates and adjustments which have been made are noted in the tool- 
notes which follow and the results for the categories involved should be 
regarded as approximate only. 
t Excludes borrowings by instalment finance companies, and by individuals 
on the security of marketable stocks and bonds. 



DECEMBER 1950 



208 



LED BANKS 
of Loans in CanadaI* 

\nd Bank of Canada 



As at October 31 


As at September 30 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


1950 


18.5 


14.6 


8.9 


4.5 


5.3 


5.4 


11.5 


12.1 


20.6 


20.5 


40.4 


23.6 


112.2 


99.6 


78.1 


66.3 


48.0 


33.2 


20.2 


26.5 


43.9 


67.6 


76.1 


91.5 


19.0 


17.5 


16.5 
103.5 


10.4 


7.7 


6.2 


6.4 


7.8 


13.5 


23.8 


26.5 


33.1 


149.7 


131.7 


81.2 


61.0 


44.8 


38.1 


46.4 


78.0 


111.9 


143.0 


148.2 


51.7 


39.9 


37.7 


26.8 


39.4 


56.8 


130.6 


97.8 


83.9 


75.4 


102.4 


101.2 


34.7 


32.6 


31.2 


21.4 


18.7 
58.1 


9.2 


22.9 
153.5 


35.4 


38.0 


41.4 


57.5 
159.9 


86.0 


86.4 


72.5 


68.9 


48.2 


66.0 


133.2 


121.9 


116.8 


187.2 


109.4 


102.2 


108.1 


83.7 


100.0 


125.0 


172.5 


220.8 


225.8 


225.1 


234.6 


243.4 


67.0 


69.6 


70.7 
178.8 


61.3 


56.8 


60.3 


72.6 


111.6 


133.6 


150.4 


167.6 


218.2 


176.4 


171.8 


145.0 


156.8 


185.3 


245.1 


332.4 


359.4 


375.5 


402.2 


461.6 


57.0 


53.2 


47.9 


46.5 


49.8 


57.7 


71.3 


109.8 

5.9 
3.2 

74.2 
74.7 

7.6 
46.4 
13.7 

3.4 
73.3 
11.6 
29.8 


147.3 

14.4 

14.5 

105.1 

108.4 

12.3 

88.6 

17.0 

9.0 

106.7 

17.6 

40.3 


161.9 

27.0 

12.7 

130.9 

104.7 

12.7 

73.2 

18.9 

6.4 

118.5 

21.1 

35.8 


184.4 

25.3 

9.2 

117.0 

102.6 

13.1 

75.2 

21.9 

10.6 

134.9 

25.5 

42.5 


255.8 

29.2 
14.3 

122.5 
76.1 
16.2 
53.4 
26.0 
22.9 

138.9 
30.1 
55.2 


202.6 


254.0 


304.5 


271.5 


318.5 


275.5 


269.8 


343.6 


533.9 


561.8 


577.9 


584.7 


36.3 


22.5 


19.9 


14.3 


13.4 


6.3 


7.8 


15.9 


42.5 


36.3 


34.5 


53.9 


40.6 


45.3 


43.7 


45.5 


44.0 


38.5 


47.4 


71.7 


93.9 


103.6 


113.3 


122.7 


211.4 


235.9 


292.4 


293.6 


245.9 


209.3 


109.5 


67.7 


67.9 


103.3 


190.1 


93.1 


26.5 


32.7 


37.1 


15.9 


8.4 


18.4 


11.3 


28.3 


65.7 


53.1 


74.6 


96.5 


135.0 


141.8 


158.3 


125.6 


102.6 


125.4 


157.6 


244.8 


359.9 


387.4 


415.5 


436.1 


21.5 


23.5 


20.0 
923.8 


18.8 


19.1 
801.7 


22.2 


28.0 


45.0 


67.8 


89.1 


113.0 


135.5 


730.9 


808.9 


831.7 


753.3 


702.7 


926.8 


1,378.9 


1,496.5 


1,703.3 


1,778.3 


1,1435 


1,184.8 


1 275.1 


1,106.3 


1,077.8 


1,0496 


1,1395 


1,438.9 


1,938.2 


2,100.7 


2,408.4 


2,575.3 



tt Includes an estimate of the personal loan portion of the former item "Other *** Includes an estimate of the merchandiser portion of the former item "Manu- 
loans" plus home improvement loans previously included in the former facturers of and dealers in lumber, plywood and products thereof". Ex- 
item "Loans to contractors and others for building purposes." eludes instalment finance company borrowings which were included, 
* Estimated. Insufficient data available on which to base estimates of since 1947, in the former item "Merchandising; wholesale and retail". 

the industrial classifications prior to 1946. **** Equivalent to the former item "Other loans" less an estimate of personal 

** See footnote tt loans formerly included. 



209 



DECEMBER 1950 



IV— CHARTERED BANKS 

Department of Finance 

Annual Classification of Public Demand and Notice Deposits in Canadian Currency 









NUMBER 










AMOUNT 






As at 






Thousands 








Millions of Dollars 




September 30 






















1946* 


1947 


1948 


1949 


1950 


1946* 


1947 


1948 


1949 


1950 


Demand Deposits 






















$1,000 or less 


649.2 


685.9 


726.6 


767.5 


823.6 


165.6 


169.6 


180.4 


185.9 


179.5 


$1,000 to $5,000 


142.3 


146.5 


163.4 


170.0 


158.3 


307.2 


321.7 


355.8 


373.3 


346.7 


$5,000 to $25,000 


37.1 


38.5 


44.0 


47.7 


47.5 


372.3 


386.9 


434.8 


477.0 


478.1 


$25,000 to $100,000 


7.5 


7.4 


8.5 


9.2 


9.8 


350.9 


344.1 


393.6 


425.2 


456.1 


Over $100,000 


2.4 


2.3 


2.6 


2.9 


3.4 


1,097.7 


945.9 


1,032.6 


1,143.1 


1,378.8 


Adjustment Items 


— 


- 


— 


— 


— 


+ 22.0 


- 4.9 


-37.1 


- 100.5 


-130.5 


Total Demand Deposits 


838.5 


880.6 


945.1 


997.3 


1,042.6 


2,315.7 


2,163.3 


2,360.1 


2,504.1 


2,708.7 


Notice Deposits 






















$1,000 or less 


5,290.7 


5,517.0 


5,718.5 


5,962.5 


6,170.1 


901.0 


922.0 


953.1 


997.5 


993.9 


$1,000 to $5,000 


690.2 


725.2 


777.7 


827.6 


817.3 


1,373.3 


1,478.4 


1,605.1 


1,732.2 


1,729.5 


$5,000 to $25,000 


77.5 


89.6 


103.4 


121.5 


130.5 


645.3 


752.6 


868.0 


1,017.3 


1,098.8 


$25,000 to $100,000 


4.1 


4.7 


5.3 


5.8 


6.6 


180.5 


203.4 


228.1 


249.9 


285.9 


Over $100,000 


1.0 


1.0 


1.0 


1.1 


1.2 


365.7 


440.7 


387.1 


405.4 


462.7 


Adjustment Items 


— 


— 


— 


— 


— 


+ 10.9 


+8.7 


+7.1 


+ 9.3 


+ 11.1 


Total Notice Deposits 


6,063.5 


6,337.5 


6,606.0 


6,918.4 


7,125.8 


3,476.7 


3,805.9 


4,048.5 


4,411.5 


4,581.9 



» As at October 30. 



V— SECURITY PRICES 

Bank of Canada 





Government of Canada Bonds Payable in Canada Onlv 






Based on Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 














1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.92 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 


1950 


101.70 


2.87 


2.78 


2.67 


2.22 


1.81 


Monthly 














1949— Dec. 


102.40 


2.82 


2.75 


2.63 


2.17 


1.65 


1950— Jan. 


101.89 


2.86 


2.75 


2.62 


2.18 


1.73 


Feb. 


101.58 


2.88 


2.73 


2.60 


2.16 


1.73 


Mar. 


101.78 


2.86 


2.73 


2.60 


2.16 


1.72 


Apr. 


101.78 


2.86 


2.77 


2.63 


2.18 


1.73 


May 


102.14 


2.84 


2.75 


2.61 


2.17 


1.74 


June 


102.29 


2.82 


2.73 


2.59 


2.10 


1.74 


July 


101.86 


2.86 


2.77 


2.67 


2.14 


1.77 


Aug. 


102.05 


2.84 


2.75 


2.64 


2.15 


1.74 


Sept. 


102.41 


2.81 


2.71 


2.62 


2.17 


1.76 


Oct. 


101.82 


2.86 


2.75 


2.68 


2.22 


1.83 


Nov. 


100.95 


2.93 


2.88 


2.84 2.42 


2.02 


Dec. 


99.89 


3.00 


2.99 


2.97 Z.Si 


2.1? 



DECEMBER 1950 



210 









V— SECURITY 


PRICES 
















Bank of Canada 










Government Bonds 


3 Month Treasury BUls 






Average of E 


usiness Days 




Tender Rate Nearest 15th of Month 




Canada'" 


U. 


K.«> 


U.S.A.< J > 


Canada 


U.K. 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1946 


104.56 


2.63 


105.22 


2.52 


105.08 


2.15 


.388 


.505 


.375 


1947 


104.84 


2.59 


104.04 


2.61 


104.18 


2.20 


.406 


.507 


.592 


1948 


100.80 


2.93 


101.63 


2.82 


101.17 


2.41 


.411 


.509 


1.037 


1949 


101.54 


2.85 


100.00 


2.93 


103.21 


2.24 


.485 


.521 


1.096 


1950 


102.23 


2.77 


97.38 


3.19 


103.00 


2.24 


.552 


.516 


1.215 


Monthly 

1949— Sept. 


101.96 


2.81 


96.72 


3.23 


104.45 


2.14 


.510 


.514 


1.058 


Oct. 


103.04 


2.70 


96.18 


3.27 


104.51 


2.13 


.512 


.524 


1.050 


Nov. 


103.08 


2.69 


95.11 


3.34 


104.76 


2.11 


.512 


.523 


1.056 


Dec. 


102.65 


2.73 


97.17 


3.20 


104.88 


2.10 


.512 


.519 


1.115 


1950— Jan. 


102.65 


2.73 


95.84 


3.29 


104.80 


2.10 


.512 


.524 


1.101 


Feb. 


102.71 


2.72 


96.47 


3.25 


104.25 


2.14 


.513 


.524 


1.131 


Mar. 


102.70 


2.72 


95.68 


3.31 


103.76 


2.18 


.512 


.525 


1.131 


Apr. 


102.39 


2.75 


96.72 


3.23 


103.37 


2.21 


.513 


.512 


1.160 


Mav 


102.68 


2.72 


97.01 


3.21 


103.15 


2.23 


.514 


.513 


1.165 


June 


102.55 


2.73 


98.08 


3.14 


102.91 


2.25 


.512 


.514 


1.177 


July 


102.20 


2.77 


96.72 


3.23 


102.73 


2.26 


.512 


.512 


1.168 


Aug. 


102.41 


2.75 


97.10 


3.21 


102.69 


2.26 


.546 


.513 


1.173 


Sept. 


102.88 


2.70 


98.11 


3.14 


102.41 


2.29 


.615 


.514 


1.311 


Oct. 


102.16 


2.77 


99.29 


3.05 


102.16 


2.31 


.623 


.514 


1.337 


Nov. 


101.21 


2.87 


99.26 


3.05 


101.98 


2.32 


.624 


.513 


1.380 


Dec. 


100.24 


2.97 


98.30 


3.12 


101.73 


2.35 


.626 


.519 


1.351 



(1) Government of Canada 3% due Sept. 1. 1961-66. (2) United Kingdom 3% due Apr. IS. 1959-69. 

1963-68 is not eligible for commercial banks before Dec. 1, 19S2. 



(3) U.S. Treasury 2H% due Dec. IS. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS : CANADA, U.K. AND U.S.A. 

Daily Opening Quotations 



2 0% 



22% 




NOV DEC JAN FEB MAR APR MAV JUNE JULY AUG SEPT OCT NOV DEC 

1949 1950 

* Security is not eligible for commercial banks before Dec. 1, 1952. 



211 



DECEMBER 1950 



VI— GOVERNMENT BOND YIELDS* 

Bank of Canada 



1948 



June 30 Sept. 30 Dec. 31 



1949 



Mar. 31 June 30 Sept. 30 Dec. 31 



1950 



Mar. 31 June 30 Sept. 29 Dec. 30 









Government 


of Canada 












INTERNAL ISSUES 
























1%% due Nov. 1, 1951 


- 


- 


1.73 


1.73 


1.70 


1.65 


1.75 


1.75 


1.75 


1.75 


2.20 


3% due Nov. 1, 1953/56... 


2.45 


2.42 


2.34 


2.37 


2.39 


2.36 


2.34 


2.35 


2.35 


2.47 


2.76 


3% due June 1, 1957/60... 


2.81 


2.85 


2.78 


2.71 


2.70 


2.62 


2.59 


2.63 


2.62 


2.65 


3.02 


3% due Sept. 1, 1961/66... 


2.94 


2.98 


2.93 


2.93 


2.91 


2.74 


2.72 


2.77 


2.78 


2.74 


3.02 


NEW YORK ISSUES 
























3^%duejan. 15, 1956/61... 


2.69 


2.71 


2.51 


2.22 


2.22 


2.31 


1.97 


2.01 


2.24 


2.15 


2.35 


2%% due Sept. 1, 1974 (1) .... 


- 


- 


- 


- 


- 


2.73 


2.64 


2.61 


2.70 


2.72 


2.70 


4M% due July 1, 1957*. . . 


2.82 


2.87 


2.68 


2.46 


2.54 


2.53 


2.24 


2.17 


2.50 


2.52 


2.59 













United States Government 












2% due Sept 


15, 


1951/53... 


1.47 


1.62 


1.52 


1.44 


1.26 


1.15 


1.20 


1.25 


1.25 


1.43 


1.55 


V/i% due Mar 


15, 


1956/58.. . 


1.98 


2.04 


1.93 


1.77 


1.59 


1.51 


1.46 


1.54 


1.62 


1.67 


1.80 


2V 2 % due Dec. 


15, 


1963/68. . . 


2.40 


2.41 


2.37 


2.33 


2.25 


2.13 


2.08 


2.19 


2.27 


2.30 


2.35 


2M% due Dec. 


15, 


1967/72... 


2.48 


2.48 


2.47 


2.43 


2.38 


2.30 


2.24 


2.35 


2.42 


2.44 


2.45 



United Kingdom Government 



2M% due Feb. 15, 1955 (I) ... 

3% due Oct. 15, 1955/59.. 
2V 2 % due May 1, 1964/67. . 

3% due Aug. 15, 1965/75.. 



_ 


_ 


_ 


_ 


_ 


_ 


_ 


2.23 


2.05 


1.88 


2.38 


2.34 


2.18 


2.15 


2.65 


2.55 


2.49 


2.54 


2.42 


2.32 


2.81 


2.74 


2.61 


2.57 


2.86 


3.02 


3.07 


3.10 


3.03 


2.88 


3.03 


2.96 


2.86 


2.86 


3.11 


3.37 


3.39 


3.44 


3.43 


3.22 



1.84 
2.25 
2.95 
3.26 



f Based on approximate market bid side. 



(1) New issue. 



* Canadian National Railways (Guaranteed by Canada). 



Millions of U.S. Dollars 



VII— OFFICIAL HOLDINGS OF GOLD AND U.S. DOLLARS" 

Department of Finance 





Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1948 


Gold 

U.S. Dollars 


296.0 
215.0 


305.3 
222.2 


313.5 

294.0 


322.7 
345.7 


331.2 
362.9 


340.4 
401.5 


350.7 
418.0 


359.9 
454.3 


370.9 
484.0 


380.1 
512.1 


388.9 
579.3 


401.3 
596.5 


Total 


511.0 


527.5 


607.5 


668.4 


694.1 


741.9 


768.7 


814.2 


854.9 


892.2 


968.2 


997.8 


1949 


Gold 

U.S. Dollars 


407.2 
614.7 


406.6 
637.3 


408.1 
659.1 


397.7 
593.5 


409.7 
567.5 


419.3 
557.6 


427.2 
545.9 


439.7 

547.4 


450.2 
535.1 


461.7 
545.7 


475.4 
593.0 


486.4 
630.7 


Total 


1,021.9 


1,043.9 


1,067.2 


991.2 


977.2 


976.9 


973.1 


987.1 


985.3 


1,007.4 


1,068.4 


1,117.1 


1950 


Gold 

U.S. Dollars 


500.3 
649.1 


500.7 
675.2 


502.3 
689.9 


502.3 
674.9 


506.2 
676.2 


509.5 
745.9 


521.8 
798.7 


533.4 
970.8 


542.8 
1,246.8 


558.5 
1,268.3 


570.1 
1,217.3 


580.2 

1,161.5 


Total 


1,149.4 


1,175.9 


1,192.2 


1,177.2 


1,182.4 


1,255.4 


1,320.5 


1,504.2 


1,789.6 


1,826.8 


1,787.4 


1,741.7 



* Gold and United States Dollars held by the Exchange Fund Account and Bank of Canada and United States Dollars hold by Other Government of Cauda 
Accounts; not including any part of an amount of $98.8 million in U.S. Funds borrowed in the United States in August 1010 by the Government of Canada and 
set aside for the purpose of retiring an equal amount of certain securities payable in U.S. dollars in following months. Also excludes, in September 1950 only, 
an amount of $50.0 million set aside from reserves, as well as $50.0 million obtained through a bond issue in New York, to redeem a Government of Canada 
issue of $100 million, payable in U.S. dollars and falling due on October 1st. 



DECEMBER 1950 



212 



VIII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 

Con- 
struction 
Contracts 
Awarded 


Car 
Loadings 


Value 

of 

Department 

Store Sales 


Employ- 
ment 
Index 

(3) 

Unadjusted 
June 1, 


Aggregate 
Payrolls 




Goldt 


Nickel 


Steel 


News- 
Print 
(i) 


Central 
Electric 
Stations' 2 ' 


Index 

(3) 

Unadjusted 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 






Millions 


June 1, 




Fine Ounces 


Short Tons 


Short Tona 


Short Tons 


Kilowatt Hrs 


of Dollars 


Thousands 


of Dollars 


1941 = 100 


1941 = 100 


Annual Totals' 41 






















1932 


3,044 


15 


380 


2,186 


12,296 


29 


2,180 


254 


57.2 


— 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


74.6 


— 


1946 


2,833 


96 


2,335 


4,506 


31,063 


213 


3,690 


614 


113.5 


142.4 


1947 


3,070 


119 


2,945 


4,820 


37,376 


197 


3,957 


707 


123.0 


172.6 


1948 


3,530 


132 


3,202 


4,983 


40,607 


373 


4,060 


805 


128.2 


199.5 


1949 


4,124 


129 


3,187 


5,176 


42,103 


464 


3,907 


856 


128.5 


214.5 


12-mths. ending 






















Nov. 1950 


4,423* 


122* 


3,356 


5,263 


45,496 


542 


3,892 


868 


129.7 


225.0 


1949— June 


344.3 


10.7 


270.5 


437.0 


3,481 


46.9 


322 


67.3 


127.4 


209.0 


July 


327.2 


9.7 


238.8 


421.5 


3,362 


52.2 


307 


49.9 


130.6 


217.6 


Aug. 


359.9 


10.0 


248.7 


446.8 


3,534 


55.9 


351 


57.2 


131.3 


218.9 


Sept. 


364.7 


9.6 


240.7 


415.2 


3,496 


50.8 


363 


76.2 


132.4 


222.0 


Oct. 


366.9 


10.8 


258.9 


435.7 


3,627 


44.7 


370 


82.9 


132.4 


223.8 


Nov. 


362.8 


9.8 


259.7 


436.8 


3,629 


31.3 


352 


93.0 


132.3 


224.8 


1950— June 


368.9 


10.8 


276.4 


441.0 


3,698 


63.7 


354 


69.3 


128.6 


222.6 


July 


368.4 


9.3 


264.2 


439.3 


3,707 


74.2 


332 


55.3 


132.5 


232.1 


Aug. 


376.4 


7.7 


281.3 


466.4 


3,841 


48.5 


275 


60.8 


133.9 


235.2 


Sept. 


364.9 


11.7 


274.9 


437.6 


3,843 


56.3 


363 


78.3 


135.1 


232.0 


Oct. 


376.8 


10.3 


293.9 


456.4 


4,092 


54.8 


385 


83.8 


137.5 


245.3 


Nov. 






289.5 


456.7 


4,132 


44.0 


369 


98.2 


137.9 


248.1 



(1) Source: Newsprint Association of Canada. Includes Newfoundland. (2) Total output less exports and secondary power. (3) 8 Leading industries. 

First of month figures. (4) Average of months in case of Employment and Payrolls Indexes. *12-Months ending Oct. 1950. t 1949 figures revised. 



PRODUCTION OF STEEL INGOTS 
AND CASTINGS 

THOUSANDS OF TONS 



SHIPMENTS & IMPORTS OF PRIMARY 
IRON & STEEL SHAPES* 

THOUSANDS Of" TONS 



4000 



3000- 



3000 



2500 



2000 



2000 



1000 




1500 



1000 



(1) Running 12-month totals in 1949 and 1950. 

(2) Excluding producers' interchange. 

* Bars, rails, rods, pipe and tubes, plates, sheets, structural shapes, etc. 



M J S 
1949 



M J S 
1950 



213 



DECEMBER 1950 



IX— PUBLIC FINANCE : MUNICIPALITIES' : OUTSTANDING DEBT 

Millions of Dollars 



(2) 



TYPE OF DEBT BY CLASS OF MUNICIPALITY 



Calendar Year End ' 



Bonded Debt 

Schools (Gross) 

Metropolitan 

Other Urban 

Rural 

Total 

Highways (Gross) 

Metropolitan 

Other Urban 

Rural 

Total 

Other (ex. Utilities) (Gross) 

Metropolitan 

Other Urban 

Rural 

Total 

Less Sinking Funds 

Metropolitan 

Other Urban 

Rural 

Total 

Public Utilities (Net) 

Metropolitan 

Other Urban 

Rural 

Total 

Direct 

Bonded Debt (Net) . . . 

Guaranteed (Net) 

Metropolitan 

Other Urban 

Rural 

Total 

Direct & Guaranteed 
Bonded Debt (Net) . . 

Bank Loans 

Metropolitan 

Other Urban 

Rural 

Total 

Total Outstanding 
Debt (Net) 

Metropolitan 

Other Urban 

Rural 

Total 



1947 1 



95.8 
73.2 

17.8 

186.8 



78.4 

75.6 

5.0 

159.0 



268.0 

126.2 

19.5 

413.7 



44.5 

59.9 

4.1 

108.5 



87.4 

72.2 

6.0 

165.6 
816.6 



45.7 

1.4 

.2 

47.3 

863.9 



14.8 
15.0 
11.5 

41.3 



545.6 

303.6 

55.9 

905.2 



1948 1 ' 



42.9 

84.7 (8) 

30.4 

158.0 <6) 



79.3 

82.8 
6.2 

168.3 



267.5 
138.3 (7) 
20.0 

425.8 



42.3 

59.5 

3.5 

105.3 



90.5 
83.2 (8) 
8.4 

182.1 
828.9 



47.4 

1.9 

.2 

49.5 

878.4 



17.5 
28.0 
15.2 

60.7 



502.8 

359.4 

76.9 

939.1 



1949 

(Est.)<4)«) 



47.2 

107.6 

44.1 

198.9 



84.2 

89.7 

5.9 

179.8 



267.5 

165.5 

26.0 

459.0 



41.9 

61.2 

3.5 

106.6 



87.0 

107.2 

9.4 

203.6 
934.6 



45.8 

2.4 

.2 

48.4 
983.0 



22.9 
33.9 
15.2 

72.0 



512.6 

445.1 

97.2 

1,054.9 



1950 

(Est.)tt><5) 



55.7 

131.1 

52.3 

239.1 



89.1 

105.7 

7.5 

202.3 



270.3 

191.0 

28.7 

490.0 



41.2 

59.0 

3.6 

103.8 



103.1 

123.6 

10.1 

236.8 
1,064.4 



43.3 
3.3 
1.0 

47.6 
1,112.0 



27.5 
40.0 
18.6 

86.1 



547.9 
535.6 
114.6 

1,198.1 



a) 



Includes school corporations. 

Excludes treasury bills owing to Provinces of 6.7 in 1947 and l.S in 1948, 1949 

and 1950 and accounts payable and other liabilities of about 61. 58, 59 and 60 

in the years 1947 to 1950 respectively, against which are such assets as cash, 

investments, taxes, accounts and other items receivable of greater amounts. 

Sources; Reports of Prov. Depts. of Municipal Affairs and Education, records 

of the Dominion Bureau of Statistics and Citizens' Research Institute of 

Canada. 

Or the fiscal year end nearest the calendar year. 

Figures included for Quebec municipalities are estimates, as actual figures have 

not yet been published. 



TOTAL BY CLASS OF MUNICIPALITY & PROVINCE 



Calendar Year End 0) 



Total Outstanding 

Debt (Net) 
Metropolitan 

Quebec 

Ontario 

Manitoba 

British Columbia. . . . 

Total 

Other Urban 

Newfoundland 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British Columbia. . . . 

Total 



Rural 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British Columbia 

Total 

All Municipalities 

Newfoundland 

Prince Edward Island. 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British Columbia 

Total 



1947 <4) 


1948 M) 


1949 

(Est.)MXS) 


302.7 


245.6 (6) 


237.2 


139.3 


145.9 


151.1 


33.4 


37.7 


40.9 


70.2 


73.6 


83.4 


545.6 


502.8 


512.6 






3.2 


2.2 


2.4 


2.5 


19.8 


23.2 


28.2 


12.9 


17.6 


20.8 


122.6 


128.2 


150.1 


75.5 


105.5 


136.8 


1.8 


2.7 


4.0 


13.7 


15.3 


17.3 


36.4 


41.7 


57.2 


18.8 


22.9 


25.1 


303.6 


359.4 


445.1 


1.2 


1.4 


2.2 


4.4 


6.7 


9.1 


12.6 


14.1 


17.9 


22.1 


31.7 


36.2 


3.3 


4.3 


4.5 


4.6 


5.4 


5.3 


2.7 


4.6 


6.5 


4.9 


8.6 


15.6 


55.9 


76.9 


97.2 






3.2 


2.2 


2.4 


2.5 


21.0 


24.6 


30.4 


17.3 


24.3 


29.9 


437.9 


387.9 (6) 


405.2 


236.9 


283.1 


324.1 


38.5 


44.7 


49.4 


18.3 


20.7 


22.6 


39.1 


46.3 


63.7 


93.9 
905.2 


105.1 


124.0 


939.1 


1,054.9 



1,198.1 



(5) Estimates based on published material and sample municipal returns received 
by the Dominion Bureau of Statistics. Includes Newfoundland municipalities. 

(6) Quebec school figures included are at June 30. 194S. the shool fiscal year end. 
The reorganization of debts of school commissions which came into force 
Oct. 20th, 1947 resulted in the transfer of school commission liabilities of large 
amount to the Quebec Municipal Commission with provincial guarantee. 

(7) Amount differs from that shown on page 32 of the 1950 Supplement due to 
transfer from "Other" of 7.0 to "Public Utilities" and 3.4 to "Schools". 

(8) See note (7). 



DECEMBER 1950 



214 



IX— PUBLIC FINANCE : MUNICIPALITIES : CURRENT REVENUE AND EXPENDITURE 

Millions of Dollars 



CURRENT REVENUE"' 



Calendar Years< 3 > 



Real Property Tax (6) 

Metropolitan 

Other Urban 

Rural 

Total 

Sales Tax 

Metropolitan 

Other Urban 

Rural 

Total 

Other Taxes 

Metropolitan 

Other Urban 

Rural 

Total 

Total Taxation 

Metropolitan 

Other Urban 

Rural 

Total 

Licenses, Permits & Fee? 

Metropolitan 

Other Urban 

Rural 

Total 

Public Utility 
Contributions 

Metropolitan 

Other Urban 

Rural 

Total 

Other"' 

Metropolitan 

Other Urban 

Rural 

Total 

roTAL Revenue 

Metropolitan 

Other Urban 

Rural 

Total 



1947 ») 



111.7 
107.7 

82.7 

302.1 



11.2 

2.1 

.1 

13.4 



13.6 

16.7 

3.4 

33.7 



136.5 

126.5 

86.2 

349.2 



5.1 
4.2 
1.0 

10.3 



10.3 

9.3 

.3 

19.9 



13.1 

18.1 

7.1 

38.3 



165.0 

158.1 

94.6 

417.7 



1948< 4 > 



119.4 

121.0 

94.6 

334.9 



12.0 

2.5 

.3 

14.8 



17.0 

20.0 

4.1 

41.2 



148.3 

143.5 

99.1 

390.9 



5.8 
4.7 
1.2 

11.7 



10.7 

9.5 

.2 

20.4 



17.4 
20.4 

8.8 

46.5 



182.2 
178.1 
109.2 

469.5 



1949 1950 

(Est.)<«<5> (Est.)W)(S) 



130.0 
135.5 
104.5 

370.0 



12.8 

2.8 

.4 

16.0 



19.4 

22.6 

4.8 

46.8 



162.2 
160.8 
109.8 

432.8 



6.1 
5.4 
1.4 

12.9 



13.4 

10.6 

.3 

24.4 



18.5 

21.9 

9.5 

49.9 



200.2 
198.8 
121.0 

520.0 



138.9 
145.8 
110.3 

395.1 



13.8 

3.3 

.5 

17.5 



20.4 

24.2 

5.1 

49.7 



173.1 
173.3 
115.9 

462.3 



6.2 
5.6 

1.4 

13.2 



12.8 

10.6 

.3 

23.7 



19.3 
23.9 
10.3 

53.5 



211.4 
213.4 
127.9 

552.7 



CURRENT EXPENDITURE* 



Calendar Years' 3 * 



Schools <8> 

Metropolitan 

Other Urban 

Rural 

Total 

Public Welfare' 8 ' 

Metropolitan 

Other Urban 

Rural 

Total 

Highways, Roads, 
Streets' 8 * 

Metropolitan 

Other Urban 

Rural 

Total 

Protection, General 
Administration and 
Sundry' 8 ' 

Metropolitan 

Other Urban 

Rural 

Total 

Debt Charges 

(ex. Debt Repayment) 

Metropolitan 

Other Urban 

Rural 

Total 

Total 
Current Expenditure 

(ex. Provision for 
Debt Repayment) 

Metropolitan 

Other Urban 

Rural 

Total 

Provision for 
Debt Repayment 

Metropolitan 

Other Urban 

Rural 

Total 

Total 
Current Expenditure 

Metropolitan 

Other Urban 

Rural 

Total 



1947 «> 



38.3 
41.9 

42.7 

122.9 



26.0 
20.1 
10.3 

56.4 



12.0 
20.6 
27.9 

60.5 



56.0 
50.3 
14.9 

121.2 



17.2 

10.5 

2.2 

29.9 



149.5 

143.4 

97.9 

390.8 



17.6 

16.4 

3.0 

37.0 



167.2 
159.8 
100.9 

427.9 



1948") 



42.9 
49.2 

47.7 

139.8 



29.6 
23.5 
11.2 

64.4 



12.7 
22.4 
30.2 

65.3 



60.9 
54.8 
16.8 

132.5 



15.0 

11.0 

2.4 

28.4 



161.1 
160.9 
108.4 

430.4 



21.3 

15.8 

3.5 

40.6 



182.4 
176.7 
111.8 

471.0 



1949 

(Est.) (4X5) 



50.8 
55.2 
52.8 

158.8 



32.7 

25.4 
12.4 

70.5 



14.5 
25.2 
33.2 

72.9 



64.9 
59.6 
18.9 

143.4 



15.3 

12.4 

3.0 

30.7 



178.2 
177.8 
120.3 

476.3 



22.0 

18.7 

4.3 

45.0 



200.2 
196.5 
124.6 

521.3 



(3) 



Includes school corporations. 

Provincial grants, other than general subsidies, have been excluded from 
"Revenue" and corresponding amounts deducted from "Expenditure". The 
c'assification of "Revenue" (other than taxation) and "Expenditure" involves 
a considerable amount of estimation so that classified totals are at best ap- 
proximate. 
Or the fiscal year nearest the calendar year. 



(4) Figures included for Quebec municipalities are estimates, as actual figures 
have not yet been published. 

(5) Estimates based on published material and sample municipal returns received 
by the Dominion Bureau of Statistics. Includes Newfoundland municipalities. 

(6) Tax collection figures have been used so far as this information is available. 

(7) Includes government subsidies for general purposes and in 1947, 1.6 received 
under Dom.-Prov. Tax Agreements. Excludes any surpluses from previous years. 

(8) Excludes debt charges. 



215 



DECEMBER 1950 



CANADA 

Dominion Bureau of Statistics™ 



-WHOLESALE PRICES 

Index 1935-39 = 100 
U.K. 

Board of Trade™ 





Farm 


Raw 




Manu- 






Product! 

* 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1929 


140.8 


134.9 


133.0 


122.2 


124.0 


1932 


65.5 


76.1 


81.8 


91.7 


86.5 


1937 


117.4 


116.6 


108.0 


105.8 


109.7 


1946 


177.0 


151.4 


142.9 


129.8 


141.1 


1947 


189.7 


180.7 


162.7 


154.3 


167.5 


1948 


229.6 


216.1 


202.5 


184.4 


198.9 


1949 


226.2 


222.1 


205.3 


186.9 


203.6 


Monthly 












1949-Nov. 


222.5 


222.1 


203.4 


187.8 


203.8 


Dec. 


222.4 


221.7 


202.0 


187.3 


203.5 


1950-Jan. 


219.2 


221.3 


201.2 


187.6 


203.8 


Feb. 


222.2 


223.4 


202.3 


187.6 


204.9 


Mar. 


226.9 


226.4 


205.6 


188.8 


206.6 


Apr. 


228.8 


228.1 


205.6 


189.1 


207.7 


May 


231.6 


232.4 


206.8 


189.1 


209.9 


June 


240.9 


237.6 


211.0 


191.1 


214.0 


July 


244.3 


242.5 


216.8 


192.2 


216.5 


Aug. 


229.3 


242.2 


218.2 


197.0 


218.5 


Sept. 


227.9 


245.9 


220.7 


204.6 


225.2 


Oct. 


221.6 


240.7 


218.1 


205.4 


223.9 


Nov. 


223.4 


243.2 219.4 207.5 


225.7 



Foods 


Total 


120.7 


115.0 


92.2 


86.2 


107.5 


109.5 


166.3 


176.4 


173.1 


193.2 


190.1 


220.9 


206.S 


231.7 


223.9 


241.9 


222.6 


242.7 


225.4 


246.2 


226.1 


246.8 


226.1 


247.1 


231.8 


251.4 


235.9 


256.5 


234.6 


258.3 


232.9 


261.6 


228.3 


265.5 


231.3 


273.7 


237.2 


279.0 


240.4 


289.9 



U.S.A. 

Bureau of Labor Statistics™ 



Farm 


Raw 








Products 


Materials 


Foods 


factures 


Total 


138.0 


127.0 


126.3 


114.1 


118.2 


63.4 


71.7 


77.1 


84.9 


80.4 


113.7 


110.4 


108.1 


105.3 


107.1 


195.5 


175.1 


164. S 


139.9 


149.9 


238.1 


215.4 


213.2 


176.1 


188.5 


247.9 


232.4 


226.4 


192.5 


204.9 


217.7 


213.2 


204.1 


182.6 


192.2 


206.3 


208.9 


200.9 


178.9 


188.1 


203.8 


207.7 


197.0 


178.7 


187.6 


203.6 


208.1 


195.7 


179.0 


188.0 


209.3 


211.5 


198.1 


180.1 


189.5 


209.7 


212.0 


196.6 


179.8 


189.5 


209.6 


211.6 


196.3 


180.4 


189.7 


216.7 


216.5 


202.1 


183.8 


193.4 


218.3 


218.4 


204.9 


185.4 


195.2 


231.6 


228.9 


216.7 


190.8 


202.1 


233.7 


233.2 


220.7 


194.7 


206.5 


237.4 


236.7 


224.0 


198.1 


210.3 


233.9 


234.6 


218.1 


197.5 


209.8 


241.7 


240.1 


221.5 


199.2 


212.9 



(1) Raw materials, foods, manufactures and total index adjusted to 1935-39 = 100 from base 1926-100. 

(2) Adjusted to 1935-39-100 from base 1913= 100 in 1929 and from base 1930= 100 thereafter. 

(3) Adjusted to 1935-39 - 100 from base 1926 = 100. 

* An independent series with different weighting and different prices from those included in the ■'Total Index" Prices include subsidies. The seru s 
U not entirely comparable with the U.S.A. "Farm Products Index". Revised to include Participation payments for the crop year 1949. 



INDEX 1935-39-100 



WHOLESALE PRICES : CANADA AND U.S.A. 

MONTHLY 



225 
200 

175 




ALL 


COMMODITIES 








USA. — * 














150 




X 


CANAOA 
















125 






















ffl 


■ 











INDEX 1935-39-IOC 

225 



1946 1947 1948 1949 1950 




1946 



1947 



1948 



1949 



1950 




1946 



BS0 



DECEMBER 1950 



Index 1935-30=100 



216 



XI— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1946 


140.4 


107.4 


126.3 


112.7 


124.5 


112.6 


123.6 


1947 


159.5 


115.9 


143.9 


116.7 


141.6 


117.0 


135.5 


1948 


195.5 


124.8 


174.4 


120.7 


162.6 


123.4 


155.0 


1949 


203.0 


131.1 


183.1 


123.0 


167.6 


128.8 


160.8 


1950 


210.8 


138.3 


182.3 


132.9 


169.2 


132.6 


166.5 


First of Montli 
















1949— Aug. 


209.2 


129.5 


183.2 


123.4 


167.4 


128.9 


162.8 


Sept. 


207.0 


130.1 


183.5 


123.9 


167.4 


128.9 


162.3 


Oct. 


205.0 


134.1 


184.1 


123.9 


167.2 


130.2 


162.2 


Nov. 


203.3 


135.1 


183.7 


123.9 


167.4 


130.2 


161.7 


Dec. 


201.9 


135.2 


183.7 


125.0 


167.1 


130.5 


161.5 


1950— Jan. 


199.4 


135.6 


183.3 


125.0 


167.0 


131.6 


161.0 


Feb. 


201.3 


135.9 


183.0 


125.0 


166.4 


132.1 


161.6 


Mar. 


204.0 


136.3 


181.4 


132.7 


166.3 


132.1 


163.7 


Apr. 


204.5 


138.0 


181.2 


132.7 


166.4 


132.3 


164.0 


May 


204.6 


137.5 


180.8 


132.7 


166.4 


132.3 


164.0 


June 


209.0 


137.1 


180.7 


132.7 


166.9 


132.4 


165.4 


July 


214.3 


137.7 


180.7 


134.9 


166.9 


132.5 


167.5 


Aug. 


216.7 


138.4 


180.9 


134.9 


168.9 


132.5 


168.5 


Sept. 


218.8 


140.8 


182.3 


135.5 


171.1 


132.8 


169.8 


Oct. 


220.1 


141.0 


183.5 


135.5 


172.7 


133.3 


170.7 


Nov. 


218.6 


140.6 


184.5 


136.4 


174.8 


133.4 


170.7 


Dec. 


218.8 


140.7 


184.9 


136.4 


176.4 


134.1 


171.1 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450-$2, 500, with incomes between $1,000-$!, 600 most common. 



COST OF LIVING INDEXES 



INDEX 1935-39-100 



INDEX 1935-39 = 100 




J S DMJ SDMJ S DMJ SDMJ 

1946 1947 1948 1949 1950 

* The vertical measurement of each bar represents the weighting of the respective component in the total cost of living index. 



217 




















DECEMBER 1950 


















XII- 


MERCHANDISE EXPORTS : 


Millions of Dollars 
















Compiled from 


" Trade of Canada* 




Fruits 


Wheat 




Other 




Bacon 






Other 






Other 


Calendar 


and 


and 


Oats 


Grains 


Live 


and 


Other 


Cheese 


Milk 


Eggs 


Seeds 


Farm(2: 


Years 


Vegetables 


Wheat 
Flour(l) 




and 
Products 


Cattle 


Hams 


Meats 




Products 






(incl. 
raw wool 


1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 




4 


24 


1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 


8 


1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 


23 


1946 


29 


417 


23 


41 


18 


66 


63 


22 


13 


27 


13 


39 


1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 


44 


1948 


21 


383 


23 


74 


74 


70 


65 


12 


18 


39 


50 


55 


1949 


20 


533 


19 


59 


61 


24 


44 


16 


14 


21 


44 


51 


12-Mths. ending 


























Nov. 1950 


24 


421 


15 


52 


78 


33 


48 


16 


13 


5 


37 


54 


Monthly 


























1949-Oct. 


2.2 


48.4 


3.0 


5.8 


9.5 


2.0 


5.7 


.2 


1.1 


5.6 


1.5 


4.1 


Nov. 


3.5 


54.6 


3.6 


16.9 


9.5 


5.3 


6.6 


.2 


1.7 


1.4 


5.7 


4.6 


Dec. 


2.2 


29.6 


3.6 


5.8 


6.3 


5.9 


5.5 


.2 


2.2 


.3 


10.0 


4.7 


1950-Jan. 


1.7 


32.7 


1.8 


1.8 


5.5 


14.0 


3.4 


.1 


.9 


1.8 


3.6 


4.8 


Feb. 


2.2 


23.4 


1.4 


1.5 


5.7 


1.5 


2.5 


.1 


.9 


1.4 


3.3 


5.1 


Mar. 


2.9 


31.3 


1.4 


1.8 


5.7 


.8 


2.4 


.1 


1.0 


.4 


2.3 


6.6 


Apr. 


1.4 


25.4 


.6 


1.6 


5.0 


.8 


2.4 


.1 


.6 


.2 


1.3 


3.5 


May 


1.4 


55.1 


.6 


7.9 


6.8 


2.4 


4.0 


.1 


1.1 


,2 


1.6 


4.0 


June 


.9 


45.9 


.8 


5.1 


8.6 


.8 


3.6 


2.5 


.7 


.1 


.6 


4.3 


July 


1.9 


34.1 


.3 


6.0 


5.3 


.5 


5.5 


3.7 


.9 


.2 


.6 


3.5 


Aug. 


1.3 


33.6 


.5 


3.6 


5.9 


.9 


5.6 


3.5 


1.1 


.3 


1.5 


4.7 


Sept. 


2.2 


32.8 


1.3 


3.9 


6.7 


.6 


4.4 


2.8 


1.3 


.2 


2.1 


4.6 


Oct. 


3.2 


34.3 


1.0 


5.7 


6.9 


2.0 


3.9 


2.1 


1.3 


.2 


4.5 


4.0 


Nov. 


2.4 


43.2 


1.9 


6.9 


9.4 


2.4 


5.2 


1.1 


.8 


.1 


5.2 


3.9 






Other 


























Fibres 


Farm 


Machinery 


Autos, 


Other 


Other 




Aluminum 


Copper 


Lead 


Nickel 


Calendar 


Artificial 


& Textiles 


Imple- 


(excl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


and 


Years 


Silk 


(excl. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


Products 


1929 




8 


20 


7 


47 




16 


3 


15 


37 


11 


26 


1932 


- 


4 


2 


4 


7 


- 


4 


1 


4 


16 


3 


7 


1937 


2 


11 


10 


11 


27 


- 


18 


4 


19 


56 


18 


59 


1946 


8 


42 


29 


16 


78 


34 


71 


21 


56 


37 


17 


55 


1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 


60 


1948 


7 


35 


74 


41 


55 


21 


91 


17 


102 


79 


35 


74 


1949 


2 


19 


93 


32 


39 


23 


106 


12 


94 


87 


42 


92 


12-Mths. ending 


























Nov. 1950 


5 


19 


87 


25 


39 


9 


96 


11 


105 


87 


37 


104 


Monthly 


























1949-Oct. 


2 


1.0 


3.8 


3.4 


3.8 


2.2 


5.8 


1.2 


6.4 


7.1 


2.6 


6.7 


Nov. 


.2 


.8 


4.9 


2.1 


2.4 


1.6 


14.1 


1.0 


2.7 


7.1 


3.0 


7.9 


Dec. 


.3 


.8 


5.3 


2.8 


3.1 


3.4 


in; 


1.2 


11.6 


6.5 


5.1 


7.4 


1950-Tan. 


.3 


1.1 


6.G 


1.3 


3.2 


.8 


4.5 


.6 


4.3 


7.1 


1.3 


9.2 


Feb. 


2 


.8 


6.9 


1.3 


3.1 


1.8 


4.3 


.8 


6.4 


6.5 


1.9 


7.7 


Mar. 


.4 


1.2 


10.5 


2.1 


2.1 


.4 


4.7 


.7 


S.3 


5.9 


1.5 


9.3 


Apr. 


.2 


.9 


9.0 


1.8 


2.6 


.9 


5.1 


.6 


S.7 


5.4 


1.2 


7.2 


May 


.3 


1.6 


10.4 


2.3 


3.6 


.1 


11.4 


1.0 


17.4 


S.9 


2.8 


9.2 


June 


.4 


2.2 


8.8 


2.6 


4.7 


2 


9.3 


1.0 


9.7 


9.1 


3.7 


9.6 


July 


.6 


2.5 


6.7 


2.2 


4.0 


.2 


8.9 


.9 


7.7 


7.0 


L.5 


S.l 


Aug. 


.8 


1.9 


5.6 


2.1 


2.4 


,2 


6.9 


.8 


9.2 


6.3 


3.5 


7.8 


Sept. 


.8 


2.6 


4.8 


2.1 


3.3 


2 


10.2 


1.0 


3.5 


8.6 


3.5 


9.8 


Oct. 


.5 


2.1 


6.6 


2.1 


3.3 


.2 


9.S 


1.1 


14. S 


8.5 


6.4 


10.2 


Nov. 


.4 


1.6 


6.0 


2.7 


4.2 


.2 


9.1 


1.3 


3.6 


6.9 


4.9 


8.8 


(1) In the case of 


wheat for 19 


37,46,47,48 


8t 49 export 


clearance fi 


{ures are ba 


sed on Boar 


i oi Urain ( 


-ommissione 


rs rather tha 


n Cu>toms < 


lata. (2) 


Made up c 


1680, 1700, 1710, 


2005. 2015 


2020 2025, 


2060. 2065, 2 


066, 2070, 2 


)75. 2080. 2C 


85. 2000, 20 


VS. 2100-21 


0, 2490. 25C 


(0-2525. 275 


). 27VS. 2*05 


, 2810. 281] 


2825. 284' 



DECEMBER 1950 
IMMODITY CLASSIFICATION 

minion Bureau of Statistics 



218 



Millions of Dollars 



~ish 
sh and 
>zen) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


7 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


12 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


41 


45 


32 


20 


125 


29 


114 


266 


22 


50 


36 


22 


1946 


38 


44 


29 


24 


208 


35 


178 


342 


31 


69 


28 


33 


1947 


45 


40 


24 


26 


196 


44 


212 


383 


34 


60 


29 


33 


1948 


35 


59 


23 


20 


160 


31 


171 


434 


19 


40 


35 


26 


1949 

12-Mths. ending 


49 


64 


25 


12 


278 


34 


203 


484 


20 


67 


42 


12 


Nov. 1950 


5.9 


7.8 


.5 


2.8 


19.2 


2.6 


15.1 


44.4 


1.5 


4.2 


3.8 


1.9 


Monthly 

Oct.- 1949 


3.8 


6.6 


.5 


1.2 


17.4 


3.1 


15.1 


38.6 


1.1 


4.0 


3.4 


1.9 


Nov. 


2.9 


6.4 


5.0 


.7 


15.2 


2.6 


15.7 


40.7 


1.5 


5.1 


2.8 


1.6 


Dec. 


3.1 


4.4 


3.3 


1.2 


10.5 


3.0 


13.3 


38.3 


1.3 


2.5 


2.5 


.8 


Jan.- 1950 


2.7 


4.9 


2.0 


1.3 


13.9 


2.6 


14.0 


34.9 


1.3 


2.5 


2.6 


.8 


Feb. 


3.6 


4.7 


2.0 


.9 


18.9 


2.7 


16.5 


37.5 


1.3 


4.5 


2.7 


1.0 


Mar. 


2.7 


4.2 


1.7 


.7 


16.8 


1.1 


13.3 


39.0 


1.2 


3.8 


2.9 


.9 


Apr. 


2.6 


4.7 


2.3 


.8 


20.5 


1.0 


16.7 


44.2 


1.2 


4.7 


3.0 


1.1 


May 


3.6 


5.8 


2.0 


.9 


27.7 


2.9 


18.1 


41.4 


1.2 


5.2 


4.1 


1.0 


June 


5.2 


5.5 


1.7 


1.0 


30.6 


2.8 


14.7 


39.2 


1.4 


5.0 


3.3 


.9 


July 


3.0 


4.6 


1.6 


1.1 


22.8 


3.7 


17.3 


38.9 


1.4 


13.2 


4.1 


.9 


Aug. 


5.2 


6.6 


2.5 


1.2 


35.9 


3.8 


19.7 


40.4 


2.1 


7.1 


3.8 


1.0 


Sept. 


3.7 


5.1 


.5 


1.3 


37.4 


4.2 


21.6 


49.0 


2.1 


7.1 


4.1 


.9 


Oct. 


3.9 


6.7 


.4 


1.0 


27.6 


3.7 


21.9 


40.6 


2.7 


5.9 


6.0 


1.4 


Nov. 



'cious 
etals 
gold) 


Zinc 

and 

Products 


Other 
Non- 
ferrous 
Metals 


Asbestos 


Other 
Non- 
metallic 

Minerals 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


AH 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Years 


12 


9 


5 


13 


17 


7 


14 


1 


_ 


33 


37 


1,190 


1929 


6 


4 


2 


3 


6 


3 


8 


- 


- 


14 


70 


560 


1932 


19 


15 


5 


15 


16 


7 


15 


1 


- 


27 


145 


1,176 


1937 


21 


28 


13 


24 


33 


32 


35 


19 


10 


100 


96 


2,447 


1946 


23 


30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,858 


1947 


25 


42 


22 


42 


53 


36 


43 


84 


11 


93 


119 


3,209 


1948 


28 


56 


15 


37 


36 


39 


31 


42 


25 


81 


139 


3,132 


1949 


35 

L.4 


57 
4.3 


16 
.8 


63 

5.2 


40 
3.1 


39 

2.8 


58 
2.8 


26 


5 
5.3 


60 
5.6 


164 
13.2 


3,273 
285.4 


12-Mths. ending 

Nov. 1950 

Monthly 

Oct.-1949 


2.1 


5.5 


.8 


4.7 


3.3 


2.6 


2.4 


1.1 


2.0 


7.5 


15.4 


305.5 


Nov. 


1.0 


3.8 


1.1 


5.1 


3.1 


3.8 


3.3 


3.6 


.4 


7.1 


12.5 


283.5 


Dec. 


L.8 


2.3 


1.4 


4.1 


2.7 


3.9 


4.1 


- 


.4 


4.1 


15.8 


237.3 


Jan.- 1950 


.9 


3.7 


1.5 


4.4 


2.6 


2.8 


4.0 


.5 


.3 


4.7 


11.7 


211.2 


Feb. 


3.0 


3.7 


.9 


5.3 


3.4 


4.6 


5.0 


- 


.6 


4.5 


13.5 


244.3 


Mar. 


1.9 


3.1 


.5 


4.3 


3.2 


3.2 


3.7 


6.0 


.3 


3.9 


11.4 


216.1 


Apr. 


2.9 


4.1 


1.4 


5.8 


3.4 


3.7 


6.1 


3.9 


.5 


5.6 


15.8 


310.0 


May 


2.1 


6.0 


.9 


5.4 


3.4 


3.3 


5.7 


5.8 


.5 


4.5 


15.0 


301.8 


June 


2.1 


5.9 


1.9 


4.0 


3.5 


2.6 


4.3 


.1 


.3 


4.0 


14.8 


267.3 


July 


1.9 


6.1 


1.3 


5.1 


3.3 


2.4 


5.1 


2.2 


.3 


4.3 


13.8 


273.5 


Aug. 


3.5 


6.0 


1.4 


6.0 


3.8 


3.1 


5.5 


3.1 


.3 


5.6 


10.8 


292.1 


Sept. 


3.0 


5.3 


1.7 


6.6 


3.6 


2.8 


6.2 


1.0 


.3 


5.1 


16.4 


326.7 


Oct. 


3.2 


7.4 


2.1 


6.8 


4.1 


3.1 


5.5 


.1 


.3 


6.2 


12.3 


309.6 


Nov. 



ious items listed in "Trade of Canada' 
IS. 2850, 285S. 2860, 3160-3187, 



under code numbers 180. 600, 610,690, 710. 790. 1170. 150O-1S90. 1610. 1620. 1630. 1640, 1645. 1650. 1660. 1670, 



219 



DECEMBER 1950 



Millions of Dollars 



XIII— EXPORTS AND IMPORTS BY COUNTRIES 

Compiled from "Trade of Canada", Dominion Bureau of Statistics 
MERCHANDISE EXPORTS '* 





TOTAL EXPORTS (EXCLUDING GOLD) TO 


Net 








U.K. 


Union 


Other 


Western 


Central 




Total 


Non- 
Monetary 




U.S.A. 


U.K. 


Dependen- 


of 


Sterling 


Europe & 


and 




All 


Gold 








cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Exports 


Calendar Years 






















1946 


901 


632 


82 


68 


111 


304 


97 


183 


2,379 


96 


1947 


1,057 


755 


123 


67 


169 


310 


134 


180 


2,796 


99 


1948 


1,516 


719 


95 


83 


115 


307 


127 


164 


3,125 


119 


1949 


1,529 


710 


72 


76 


151 


254 


132 


99 


3,022 


139 


l'2-Mths. ending 






















Nov. 1950 (6) 


2,019 


479 


54 


48 


112 


200 


155 


81 


3,148 


164 


Monthly 






















1949-Sept. 


116.7 


58.3 


6.2 


3.7 


10.6 


19.3 


9.5 


9.3 


233.8 


11.2 


Oct. 


150.6 


73.0 


4.7 


4.3 


8.2 


15.3 


10.4 


8.2 


274.8 


13.2 


Nov. 


171.5 


58.5 


5.3 


3.7 


13.9 


22.0 


10.0 


8.3 


293.2 


15.4 


Dec. 


159.0 


43.1 


5.2 


6.3 


14.9 


20.3 


14.7 


10.2 


273.7 


12.5 


1950 -Jan. 


133.8 


48.8 


5.3 


3.7 


5.2 


11.8 


7.4 


7.9 


224.0 


15.8 


Feb. 


131.2 


29.1 


3.8 


3.2 


7.4 


10.4 


7.7 


8.8 


201.6 


11.7 


Mar. 


158.6 


32.8 


4.2 


2.5 


8.3 


11.9 


8.4 


7.6 


234.3 


13.5 


Apr. 


139.3 


25.1 


4.3 


4.1 


7.3 


8.2 


15.8 


4.9 


209.0 


11.4 


May 


178.6 


53.3 


4.6 


4.8 


16.5 


17.8 


14.0 


7.2 


296.8 


15.8 


June 


178.9 


52.9 


3.7 


5.5 


9.1 


17.6 


15.0 


6.8 


289.4 


15.0 


July 


170.1 


31.9 


4.9 


4.3 


9.7 


19.4 


11.2 


4.1 


255.5 


14.8 


Aug. 


170.9 


41.4 


3.8 


2.0 


6.1 


18.2 


14.6 


6.1 


263.2 


13.8 


Sept. 


195.5 


34.6 


5.3 


3.6 


8.2 


15.8 


17.0 


4.9 


285.0 


10.8 


Oct. 


207.2 


45.9 


4.3 


4.9 


7.0 


23.5 


15.4 


5.9 


314.0 


16.4 


Nov. (6) 


196.0 


39.7 


4.7 


2.9 


11.9 


25.4 


13.9 


6.6 


301.0 


12.3 



Millions of Dollars 



MERCHANDISE IMPORTS 1 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 




U.S.A. 


U. K. 

(2) 


U.K. 
Dependen- 
cies 


Union 

of 
South 
Africa 


Other 

Sterling 

Area 

(3) 


Western 
Europe & 
Colonies 

(4) 


Central 

and 
South 
America 


All 

Other 

(S) 


Total 

All 

Countries 


Calendar Years 

1946 


1,405 


139 


58 


8 


65 


40 


126 


24 


1,864 


1947 


1,975 


186 


72 


4 


81 


64 


159 


29 


2,570 


1948 


1,806 


299 


105 


4 


86 


77 


223 


37 


2,636 


1949 

12-Mths. ending 

Oct. 1950 (6) 

Monthly 

1949-Sept. 


1,952 
2,047 
158.0 


306 

379 

21.7 


107 
123 
9.5 


4 
5 
.2 


77 

94 

5.6 


83 
103 
6.4 


193 
217 
16.7 


39 

65 

3.3 


2,760 
3,033 
221.4 


Oct. 


167.6 


19.3 


11.1 


.2 


8.0 


6.8 


17.8 


3.4 


234.2 


Nov. 


162.7 


26.4 


10.1 


.4 


8.5 


8.4 


18.8 


4.2 


239.5 


Dec. 


151.0 


20.6 


5.2 


.2 


4.6 


6.7 


20.3 


4.6 


213.3 


1950-Jan. 


154.5 


26.1 


4.4 


.2 


6.2 


5.0 


12.4 


3.2 


211.9 


Feb. 


143.1 


25.3 


4.2 


.2 


6.9 


5.9 


10.6 


3.9 


200.1 


Mar. 


160.9 


32.7 


7.4 


.8 


6.1 


6.7 


18.3 


4.5 


237.3 


Apr. 


162.2 


29.5 


5.7 


.2 


7.2 


6.4 


14.9 


4.7 


230.9 


May 


195.5 


36.3 


16.0 


.6 


7.6 


8.8 


18.8 


6.5 


290.2 


June 


188.3 


37.1 


13.4 


.4 


9.7 


10.1 


15.2 


8.3 


282.4 


July 


170.6 


32.7 


12.6 


.3 


9.1 


9.8 


18.2 


6.1 


259.5 


Aug. 


172.6 


34.3 


14.1 


.2 


7.3 


10.9 


21.9 


6.0 


267.3 


Sept. 


177.4 


36.2 


14.7 


.6 


8.4 


11.0 


25.4 


6.0 


279.7 


Oct. (6) 


208.3 


41.6 


14.8 


.5 


12.2 


L3.8 


22.0 


7.3 


320.5 


Nov. a) 


216.3 


39.0 














328.1 



Excess of 
Merch- 
andise 
Exports 

over 
Merch- 
andise 
Imports 



514 
225 
489 
263 

107 

12.4 
40.7 
53.8 
60.5 

12.1 
1.5 
3.1 

21.9 
6.6 
6.9 
3.9 
4.0 
5.3 
6 J 

27.1 



* Commencing April 1. 1949, external trade of Newfoundland is included 
and Canadian trade with Newfoundland, formerly in the "All Other" 
category, disappears. 

(1) Includes exports of foreign produce. In the case of wheat, export figures 
are based on Board of Grain Commissioners rather than Customs data. 

(2) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom. In the years 1946 and 



1947 articles admitted free under Order in Council (9213) and the item 
"Canadian Goods Returned" (9195) are excluded. 

(3) Consists of Eire, India, Pakistan. Burma, Australia. New Zealand, Iceland. 
Ceylon and Iraq. Egypt is included in All Other. 

(4) Excludes Spain, but includes Greece. Turkey, and British Sudan. 

(5) Includes Egypt. Spain. Palestine, and also Newfoundland until March 31, 
1949. 

(6) Preliminary. (7) Estimates. 



DECEMBER 1950 



220 



XIV— U.S.A. STATISTICS 

Federal Reserve Board or Dept. of Commerce Statistics unless otherwise stated. 



MILLIONS OF PERSONS 



MILLIONS Or PERSONS 



POINTS IN TOTAL INDEX 



POINTS IN TOTAL INDEX 




MILLIONS Or DOLLARS 



MILLIONS Of DOLLARS 



BILLIONS OF DOLLARS 



8ILLI0NS Of DOLLARS 



2600 



1800 




1000- 



BILLIONS Or DOLLARS 



BILLIONS Of DOLLARS 




<© 



,m 




BANK OF CANADA 
STATISTICAL SUMMARY 



1950 SUPPLEMENT 



/ 

BANK OF CANADA 

STATISTICAL SUMMARY 

1950 SUPPLEMENT 



The 1950 Supplement to the Bank of Canada Statistical Summary brings together in readily available 
form back data of the statistical tables presented in the regular monthly issues of the Statistical 
Summary. Annual figures are given, for the most part, from 1926 to 1949 and monthly figures from 
1945 to 1949, and in every case the latest revised figures have been used. Monthly data from 1935 to 
1945, for most of the tables in this volume which include monthly figures, were published in the 1 946 
Supplement to the Statistical Summary. Tables refer to Canada (excluding Newfoundland) unless 
otherwise stated. Most of the figures are, for want of space, given to a certain degree of approximation 
only and where this is the case a total does not necessarily equal the sum of its constituent items. 



FOR PARTICULARS APPLY TO THE RESEARCH DEPARTMENT, BANK OF CANADA, OTTAWA 



TABLE OF CONTENTS 

Banking: 

Bank of Canada 

Liabilities and Assets 4 

Chartered Banks 

Liabilities and Assets 6 

Annual Classification of Demand Deposits 10 

Annual Classification of Notice Deposits 10 

Annual Classification of Loans in Canada 12 

General Public Holdings of Certain Liquid Assets ........ 12 

Security Markets: / 

Bond Issues and Retirements ./ 16 

Government of Canada Direct and Funded Debt Outstanding 19 

Government of Canada Bond Prices and Yields 19 

International Sales and Purchases of Securities 21 

Stock Exchange Statistics 23 

Public Finance: 

Government of Canada 

Cash Requirements 24 

Sources of Financing 26 

Provincial Governments / 

Outstanding Debt V. 28 

Current Revenue 30 

Current Expenditure 31 

Municipalities 

Outstanding Debt ' 32 

Current Revenue 34 

Current Expenditure 35 

Government Revenue and Expenditure 

Consolidated Table 36 

Insurance: 

Life 42 

Fire 43 

Commercial Failures 43 

Corporate Financial Statistics: 

663 Companies 

Summary Statement, Source and Use of Funds and Balance Sheet ... 44 

Net Income to Stockholders 45 

By Asset Groups: 1. Assets over $25 mm 46 

2. Assets $5 mm. - $25 mm 47 

3. Assets $1 mm. - $5 mm. 48 

4. Assets under $1 mm 49 

Net Profit Before Tax 50 

45 Food Product Companies 51 

15 Beverage Companies 52 

26 Primary Textile Products Companies 53 

23 Pulp and Paper Products Companies 54 

49 Iron, Steel and Products Companies 55 

49 Machinery Companies (excl. Electrical) 56 

27 Electrical Machinery and Equipment Companies 57 

38 Gold Mining Companies 58 

18 Non-Ferrous Metal Companies 59 

11 Petroleum Companies 60 

30 Chemical Companies 61 

64 Wholesale Trade and Service Companies 62 

32 Retail Trade and Service Companies 63 

22 Electrical Utility Companies 64 

Income and Expenditure: 

Gross National Product and Expenditure 65 

Personal Income and Expenditure 66 

Canadian Labour Income W 

Cash Income from the Sale of Farm Products 68 

Net Income of Farm Operators from Farm Operations 6S 

Business Activity 70 

Industrial Production 71 



TABLE OF CONTENTS 

Electric Power: 

Central Electric Stations 73 

Use of Major Energy Sources 74 

Mining: 

Metallic Minerals 75 

Non-metallic Minerals 76 

Coal 77 

Forest Industry: 

Total Production 78 

Newsprint: North America 81 

Agriculture: 

Grains: Acreage and Production 82 

Canadian Wheat: Statistical Position 85 

Wheat: World Supplies 85 

Dairying Statistics 86 

Livestock Marketings 86 

Fisheries Statistics 88 

Construction: 

Census of Industry 90 

Contracts Awarded 90 

Construction of Dwelling Units in Canada 92 

Transportation: 

Steam Railways: Revenue Freight Loaded 92 

Steam Railways: Operating Statistics 94 

Civil Aviation 95 

Telephone Statistics 95 

Retail Merchandise Trade 96 

Export and Import Price Indexes 99 

Wholesale Prices: Canada, U. K. and U. S. A 100 

Farm Prices of Agricultural Products 101 

Farm Operating and Living Costs 103 

Urban Cost of Living 104 

Population By Age Groups . 105 

Employment, Wage Rates and Payrolls: 

Labour Force, Employment and Unemployment 106 

Wage Rates for Certain Groups of Industries 106 

Employment Indexes 107 

Number of Employees 108 

Weekly Payrolls 110 

Average Hourly and Weekly Earnings and Hours Worked in Manufacturing . . Ill 

Unemployment: 

Unemployment Insurance Statistics 113 

Unplaced Applicants for Employment : Provincial Distribution 114 

Merchandise Trade: 

Exports by Commodities 116 

Imports by Commodities 118 

Exports by Countries 120 

Imports by Countries 121 

Foreign Investment in Canada 122 

Canadian Gold Statistics 123 

Official Holdings of Gold and U. S. Dollars 124 

Canadian Balance of International Payments: 

Summary 125 

Current and Capital Account 

All Countries 126 

U.K. and Other Sterling 126 

U.S.A. and Other Foreign 130 

Foreign Exchange Rates 134 

Index 136 



BANKING: BANK 



Millions of Dollars 





LIABILITIES 




Chartered Bank Cash 


Govt. 

of Canada 

Deposits 


Other 

Deposits 


Foreign 
Currency 
Deposits' 1 ' 


Active 
B. of C. 

Note 
Circulation 


All 
Other 

Accounts 


Total ' 
Liabilities 
or 

Assets " 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 


















■t 


Month-end Figures 




















1935—10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


290.4 


1936—12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


322.4 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


373.3 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


398.0 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


448.5,. 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


_ 


206.9 


15.7 


560.9 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


710.3 •' 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


902.5 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


1,174.6 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,480.9 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,840.7 


1946 


144.3 


528.8 


673.1 


99.4 


76.9 


27.3 


981.7 


40.5 


1,898.8 


1947 


152.8 


512.0 


664.7 


140.7 


65.8 


1.3 


1,009.1 


38.1 


1,919.8 


1948 


163.8 


541.6 


705.4 


90.5 


85.1 


.3 


1,055.6 


36.3 


1,973.1- 


1949 


180.8 


567.7 


748.4 


98.4 


79.9 


57.4 


1,086.8 


38.7 


2,109.5 


End of 




















1945— Jan. 


143.9 


413.1 


557.1 


23.2 


36.0 


172.3 


876.7 


39.8 


1,704.9" 


Feb. 


131.5 


397.6 


529.2 


27.9 


37.2 


170.4 


897.0 


24.7 


1,686.4 


Mar. 


113.4 


422.0 


535.4 


18.7 


52.7 


177.1 


935.4 


26.3 


1,745.5. 


Apr. 


139.7 


448.9 


588.6 


39.5 


50.8 


171.9 


922.6 


32.3 


1,805.7 


May 


148.0 


464.8 


612.8 


33.6 


32.4 


176.3 


907.8 


58.8 


1,821.7 


June 


121.7 


492.0 


613.6 


43.9 


35.9 


174.4 


941.5 


32.7 


1,842.0. 


July 


140.2 


441.1 


581.4 


57.5 


37.6 


174.4 


938.6 


34.4 


1,823.9 


Aug. 


127.9 


444.4 


572.3 


32.6 


39.7 


176.1 


970.0 


63.1 


1,853.8 


Sept. 


130.5 


442.9 


573.3 


39.6 


22.4 


176.1 


982.0 


37.8 


1.831.S. 


Oct. 


155.9 


474.2 


630.1 


51.0 


32.4 


175.5 


980.7 


45.8 


1,915.5 


Nov. 


141.4 


495.2 


636.6 


159.1 


27.4 


159.0 


972.5 


71.5 


2,026.0 


Dec. 


162.9 


521.2 


684.1 


153.3 


29.8 


156.8 


966.2 


41.7 


2,031.0 


1946— Jan. 


147.2 


505.9 


653.1 


187.2 


34.2 


101.8 


940.9 


47.8 


1,965.0 


Feb. 


134.6 


522.9 


657.6 


201.7 


56.4 


95.2 


952.1 


24.3 


1,987.2" 


Mar. 


124.7 


518.1 


642.9 


149.2 


89.1 


95.2 


977.5 


36.9 


1,990.8 


Apr. 


154.5 


555.8 


710.3 


183.3 


62.7 


23.6 


959.9 


33.8 


1,973.6. 


May 


137.5 


493.9 


631.4 


87.1 


78.4 


2.0 


972.0 


55.1 


1,826.1 


June 


126.3 


500.5 


626.8 


57.9 


85.6 


2.0 


987.7 


32.1 


1,792.1 


July 


152.1 


532.5 


684.6 


69.1 


90.1 


1.8 


965.8 


40.2 


1,851.6, 


Aug. 


134.0 


521.1 


655.2 


69.1 


79.7 


1.7 


993.4 


35.3 


1,834.3 


Sept. 


153.6 


511.3 


664.9 


27.4 


87.8 


.7 


994.0 


47.2 


1,822.0 


Oct. 


149.3 


538.6 


687.9 


36.6 


85.2 


.9 


1,007.6 


45.8 


1,864.0 


Nov. 


140.4 


579.5 


719.9 


63.9 


79.4 


.9 


1,020.7 


45.9 


1,930.7 


Dec. 


176.9 


565.5 


742.3 


60.5 


93.8 


1.0 


1,009.3 


41.7 


1,948.6 


1947— Jan. 


143.0 


533.3 


676.4 


150.1 


82.9 


1.0 


995.6 


' 50.0 


1,955.9 


Feb. 


129.2 


493.6 


622.8 


215.7 


75.3 


1.0 


1,008.7 


36.3 


1,959.8. 


Mar. 


147.3 


536.3 


683.5 


159.8 


64.6 


1.2 


1,005.9 


30.9 


1,946.0 


Apr. 


164.8 


542.6 


707.4 


195.7 


69.3 


1.0 


989.1 


34.9 


1,997.4 


May 


142.4 


477.6 


620.0 


179.4 


58.5 


1.0 


1,005.7 


31.6 


1,896.% 


June 


151.8 


474.4 


626.2 


105.6 


54.4 


1.0 


1,000.8 


36.0 


1,824.0 


July 


165.1 


468.3 


633.4 


124.1 


63.7 


.7 


988.6 


36.7 


1,847.1 


Aug. 


144.4 


514.9 


659.3 


133.6 


58.7 


2.4 


1,014.5 


34.7 


1,903.3 


Sept. 


170.1 


481.1 


651.2 


128.2 


62.0 


1.9 


1,002.1 


38.6 


1,884.0 


Oct. 


142.8 


548.7 


691.5 


143.4 


71.2 


.7 


1,036.6 


46.2 


1,989.6 


Nov. 


148.2 


536.7 


684.9 


84.2 


62.0 


1.4 


1,034.1 


41.5 


1,908. > 


Dec. 


183.9 


536.2 


720.1 


68.8 


67.5 


2.0 


1,027.5 


40.4 


1,926.2 


1948— Jan. 


147.2 


538.3 


685.5 


44.6 


60.6 


_ 


1.010.3 


41.6 


1,842.7 


Feb. 


135.8 


531.8 


667.5 


60.8 


75.0 


.6 


1,020.6 


23.4 


1,847.9 


Mar. 


166.9 


519.2 


686.1 


42.2 


86.7 


.1 


1,013.9 


25.8 


l,854.ft 


Apr. 


140.5 


558.9 


699.4 


57.9 


126.0 


o 


1,042.5 


20.7 


1,952.7 


May 


170.3 


547.3 


717.5 


135.9 


95.8 


.1 


1,025.5 


31.5 


2,006.7 


June 


157.2 


517.0 


674.2 


138.4 


107.2 


.2 


1,049.3 


31.5 


2,000.S- 


July 


158.0 


502.5 


660.6 


119.0 


84.1 


.1 


1,062.2 


32.0 


1,958.0 


Aug. 


176.0 


525.1 


701.1 


105.1 


90.3 


.1 


1,050.9 


36.1 


1,983.6 


Sept. 


172.2 


550.9 


723.1 


87.3 


78.2 


.2 


1,095.5 


44.6 


2,028.9> 


Oct. 


160.4 


581.0 


741.4 


110.0 


72.2 


1.0 


1,114.7 


40.3 


2,079.6 


Nov. 


190.2 


579.6 


769.8 


86.5 


64.1 


.1 


1,083.3 


59.2 


2,063.0 


Dec. 


190.8 


547.3 


738.1 


98.1 


81.0 


.4 


1,098.3 


42.7 


2,05S.t; 



F CANADA 



Millions of Dollars 



ASSETS 






Silver 


Foreign (1) 
Exchange 


Securities 


Advances 


All 

Other 

Accounts 




Gold 


Govt, of Canada 
and Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other- 
Securities 


Total 






Under 2 yrs. 


Over 2 yrs. 
























Average of 






















Month-end Figures 


151.2 


1.4 


7.6 


27.4 


95.6 


— 


— 


123.0 


3.4 


3.9 


1935-10 Mths. 


179.8 


1.8 


9.5 


38.3 


86.9 


— 


— 


125.2 


1.7 


4.5 


1936-12 Mths. 


182.0 


2.5 


19.0 


59.7 


97.7 


— 


6.5 


163.9 


— 


5.9 


1937 


181.2 


.8 


27.6 


123.6 


52.5 


— 


5.0 


181.1 


1.0 


6.3 


1938 


210.8 


— 


41.7 


142.8 


46.2 


— 


— 


189.1 


.2 


6.7 


1939 


• 




• 


• 


• 






• 








75.3 


— 


36.1 


326.6 


108.4 


— 


— 


435.1 


3.5 


11.0 


1940 


_ 


— 


84.1 


449.9 


155.2 


— 


— 


605.1 


.9 


20.3 


1941 


— 


— 


115.6 


517.7 


247.9 


— 


— 


765.6 


.5 


20.8 


1942 


— 


— 


18.8 


791.2 


339.5 


— 


— 


1,130.6 


— 


25.2 


1943 


— 


— 


44.1 


831.1 


573.6 


2.5 


— 


1,407.1 


.4 


29.3 


1944 


_ 


_ 


173.9 


1,028.5 


595.9 


10.0 





1,634.4 


.5 


31.8 


1945 


— 


— 


27.3 


1,247.3 


583.4 


11.7 


— 


1,842.4 


— 


29.1 


1946 


— 


— 


1.5 


1,116.5 


756.6 


18.3 


— 


1,891.5 


.3 


26.5 


1947 


— 


— 


.4 


1,133.3 


787.7 


25.0 


— 


1,946.0 


— 


26.7 


1948 






53.1 


1,421.8 


571.9 


25.0 


4.3 


2,023.0 


" 


33.4 


1949 

End of 


— 


— 


172.3 


914.5 


590.2 


10.0 


— 


1,514.7 


— 


18.0 


Jan.— 1945 


— 


— 


170.4 


891.6 


595.5 


10.0 


— 


1,497.0 


— 


19.0 


Feb. 


— 


— 


177.1 


926.5 


608.7 


10.0 


— 


1,545.2 


— 


23.2 


Mar. 


— 


— 


196.6 


937.7 


621.7 


10.0 


— 


1,569.5 


— 


39.7 


Apr. 


— 


— 


177.9 


1,068.3 


533.5 


10.0 


— 


1,611.8 


1.5 


30.5 


May 




— 


174.4 


1,073.8 


559.5 


10.0 


— 


1,643.3 


— 


24.4 


June 


— 


— 


174.4 


1,034.7 


558.3 


10.0 


— 


1,603.0 


— 


46.5 


July 


— 


— 


176.1 


1,031.5 


584.0 


10.0 


— 


1,625.5 


— 


52.3 


Aug. 


» — 


— 


176.1 


1,028.9 


591.4 


10.0 


— 


1,630.3 


— 


24.9 


Sept. 


— 


— 


176.1 


1,109.4 


590.6 


10.0 


— 


1,709.9 


— 


29.5 


Oct. 


— 


— 


159.0 


1,168.1 


629.4 


10.0 


— 


1,807.6 


5.0 


54.5 


Nov. 


* — 


— 


156.8 


1,157.3 


688.3 


10.0 


— 


1,855.6 


— 


19.5 


Dec. 


— 


_ 


101.8 


1,143.8 


686.2 


10.0 


_ 


1,840.0 


_ 


23.2 


Jan.— 1946 


— 


— 


95.2 


1,155.2 


688.8 


10.0 


— 


1,854.0 


— 


38.0 


Feb. 


— 


— 


95.2 


1,296.2 


559.9 


10.0 


— 


1,866.1 


— 


29.4 


Mar. 


: "" 


— 


24.1 


1,348.0 


553.0 


10.0 


— 


1,910.9 


— 


38.6 


Apr. 




— 


2.0 


1,230.0 


541.1 


10.0 


— 


1,781.2 


.1 


42.8 


May 


— 


— 


2.0 


1,218.5 


540.7 


10.0 


— 


1,769.2 


— 


20.8 


June 


» ~~ 


— 


1.8 


1,276.5 


541.8 


10.0 


— 


1,828.3 


— 


21.4 


July 


— 


— 


1.7 


1,257.7 


530.8 


10.0 


— 


1,798.5 


— 


34.1 


Aug. 


— 


— 


.7 


1,259.1 


523.9 


15.0 


— 


1,798.0 


— 


23.3 


Sept. 


> - 


— 


.9 


1,301.5 


521.5 


15.0 


— 


1,838.0 


— 


25.1 


Oct. 


— 


— 


.9 


1,283.8 


605.0 


15.0 


— 


1,903.8 


— 


25.9 


Nov. 


— 


— 


1.0 


1,197.4 


708.2 


15.0 


— 


1,920.6 


— 


27.1 


Dec. 


— 


_ 


1.0 


1,196.8 


718.8 


15.0 


_ 


1,930.6 


_ 


24.3 


Jan.— 1947 


' 


— 


1.0 


1,172.3 


738.9 


15.0 


— 


1,926.2 


— 


32.6 


Feb. 




— 


1.2 


1,146.9 


757.5 


15.0 


— 


1,919.3 


— 


25.4 


Mar. 


— 


— 


1.0 


1,186.0 


751.2 


15.0 


— 


1,952.2 


4.0 


40.2 


Apr. 


1 


— 


1.0 


1,123.0 


731.0 


15.0 


— 


1,869.0 


— 


26.3 


May 


— 


— 


4.0 


1,063.7 


716.0 


15.0 


— 


1,794.7 


— 


25.4 


June 


— 


— 


.7 


1,081.9 


722.6 


15.0 


— 


1,819.5 


— 


27.0 


July 


c — 


— 


2.4 


1,141.5 


720.3 


15.0 


— 


1,876.8 


— 


24.0 


Aug. 


— 


— 


1.9 


1,088.0 


744.7 


25.0 


— 


1,857.7 


— 


24.5 


Sept. 


— 


— 


.7 


1,136.4 


799.4 


25.0 


— 


1,960.8 


— 


28.1 


Oct. 


r - 


— 


1.4 


1,039.9 


820.6 


25.0 


— 


1,885.5 


— 


21.2 


Nov. 


— 


— 


2.0 


1,022.0 


858.5 


25.0 


— 


1,905.6 


— 


18.7 


Dec. 


_ 








931.3 


863.2 


25.0 


_ 


1,819.5 





23.2 


Jan.— 1948 


— 


— 


.8 


974.4 


825.7 


25.0 


— 


1,825.1 


— 


22.0 


Feb. 


i — 


— 


.3 


985.2 


806.7 


25.0 


— 


1,817.0 


— 


37.6 


Mar. 


— 


— 


.3 


1,124.1 


767.8 


25.0 


— 


1,916.9 


— 


35.4 


Apr. 


— 


— 


.6 


1,179.7 


775.0 


25.0 


— 


1,979.7 


— 


26.5 


May 


\ — 


— 


.3 


1,152.9 


790.9 


25.0 


— 


1,968.8 


— 


31.7 


June 


— 


— 


.2 


1,145.2 


773.6 


25.0 


— 


1,943.7 


— 


14.1 


July 


— 


— 


.2 


1,155.2 


778.1 


25.0 


— 


1,958.3 


— 


25.1 


Aug. 


1 — 


— 


.3 


1,216.3 


757.2 


25.0 


— 


1,998.5 


— 


30.2 


Sept. 


— 


— 


1.1 


1,279.6 


741.3 


25.0 


— 


2,045.9 


— 


32.6 


Oct. 


— 


— 


.1 


1,222.1 


794.0 


25.0 


— 


2,041.1 


— 


21.7 


Nov. 


> _ 




.5 


1,233.7 


779.1 


25.0 


- 2,037.7 




20.4 


Dec. 



6 

Millions of Dollars 






























BANKING: 


BAN* )f 






LIABILITIES 




- 






Chartered Bank Cash 


Govt. 

of Canada 

Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits (1) 


Active 
B. of C. 

Note 
Circulation 


All 
Other 

Accounts 


Total 

Liabilities 

or 

Assets 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


G 


End of 






























1949— Jan. 


182.2 


545.1 




727.3 


141.8 


86.8 




- 


1,047.0 


42.5 




2,045.4 




Feb. 


167.5 


531.0 




698.4 


178.4 


79.6 




.4 


1,054.5 


25.3 




2,036.5 




Mar. 


165.9 


540.3 




706.1 


62.6 


84.8 




87.3 


1,079.5 


31.7 




2,052.0 




Apr. 


161.7 


587.3 




749.0 


115.1 


80.8 




36.1 


1,103.0 


26.9 




2,140.8 l 




May 


193.5 


571.2 




764.7 


101.4 


65.2 




51.4 


1,070.3 


35.2 




2,098.2 




June 


154.8 


568.3 




723.2 


112.2 


73.7 




67.7 


1,115.1 


44.1 




2,136.0 




July 


172.8 


566.9 




739.7 


94.3 


73.8 




57.9 


1,098.2 


32.7 




2,096.6 




Aug. 


198.8 


578.0 




776.7 


109.7 


61.8 




B0. 7 


1,071.0 


38.5 




2,118.4 




Sept. 


166.0 


611.5 




777.5 


141.0 


64.1 




65.6 


1,124.7 


44.2 




2,217.1- 




Oct. 


192.8 


626.0 




818.8 


66.1 


77.4 




70.4 


1,100.7 


58.4 




2,191.7 




Nov. 


201.6 


544.7 




746.3 


27.2 


84.1 




71.6 


1,081.4 


45.1 




2,055.9 
2,125.9" 




Dec. 


211.8 


541.7 




753.5 


30.7 


126.9 




79.6 


1,095.6 


39.5 






(1) Includes foreign exchange items for account of foreign clients and also Government of Canada 


and F.E.C.B 


commencing March 31, 1949. ir May 1940 and subsequrti 




Bank's gold and foreig 


n exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exch 


inge Control Board. 












BANKING : CH/ E 


Millions of Dollars 










Bank -0j 


j 




LIABILITIES 








Notes 


Deposits 


Cash 
in 


■ — 
Securities 










Govt, of 


Canadian 




Total 


Govt, of Canada 


Foreign 
Govt. 




;•• 






Demand 


Notice 


Canada 


Deposits 

(i) 


Foreign 


Deposits 

(2) 


Canada 


and Provincial 


Othe"? 












andProv. 




(3) 


Under 2yrs. 


Over 2 yrs. 






Average of 
























- 




Mth.-end Figures 




























1926 


169 


553 


1,341 


53 


1,958 


330 


2,333 


197 


344 


189 


c 


1927 


172 


596 


1,399 


71 


2,085 


349 


2,479 


195 


325 


196 


i 


1928 


177 


678 


1,497 


64 


2,254 


372 


2,703 


205 


334 


188 


e 


1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 + 


e 


1930 


159 


623 


1,428 


76 


2,141 


390 


2,607 


197 


316 


156 


c 


1931 


142 


579 


1,438 


73 


2,103 


333 


2,503 


182 


454 


220 


r 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


200 ■* 


~ 


1933 


130 


489 


1,379 


62 


1,941 


308 


2,290 


195 


627 


214 


j- 


1934 


136 


514 


1,373 


66 


1,966 


322 


2,317 


203 


684 


183 


K 


1935 


126 


569 


1,445 


65 


2,104 


348 


2,476 


216 


407 


454 


41 


L43 1 


1936 


119 


618 


1,518 


77 


2,245 


401 


2,668 


225 


447 


628 


50 


206 L 


1937 


110 


691 


1,574 


90 


2,382 


421 


2,840 


240 


445 


674 


68 


23^ 1 


1938 


100 


690 


1,630 


94 


2,449 


408 


2,892 


252 


447 


696 


64 


233 L 


1939 


94 


742 


1,699 


146 


2,630 


474 


3,144 


268 


516 


718 


78 


229 IjSi 


1940 


91 


875 


1,647 


227 


2,753 


430 


3,250 


287 


681 


630 


63 


205 ■ 


1941 


82 


1,088 


1,616 


322 


3,017 


439 


3,527 


308 


761 


722 


62 


18V Lt 


1942 


72 


1,341 


1,645 


347 


3,319 


501 


3,905 


340 


997 


810 


106 


161 




1943 


50 


1,619 


1,864 


521 


3,962 


588 


4,679 


413 


1,598 


807 


167 


142 




1944 


37 


1,864 


2,273 


570 


4,686 


716 


5,531 


527 


1,842 


1,149 


209 


15*1 




1945 


29 


1,986 


2,750 


653 


5,378 


771 


6,278 


593 


1,863 


1,575 


228 


191 




1946 


23 


2,155 


3,327 


483 


5,993 


806 


6,919 


673 


1,573 


2,162 


276 


276 

424 




1947 


20 


2,139 


3,681 


404 


6,278 


851 


7,237 


665 


871 


2,524 


290 




1948 


17 


2,259 


3,972 


355 


6,644 


817 


7,567 


705 


891 


2,423 


259 


547 i 




1949 


15 


2,353 


4,334 


490 


7,267 


744 


8,106 


748 


1,012 


2,562 


237 






End of 




























1945— Jan. 


32 


1,816 


2,524 


709 


5,024 


745 


5,902 


557 


1,914 


1,267 


213 


177 1 

18/1 




Feb. 


31 


1,859 


2,631 


531 


5,012 


755 


5,884 


529 


1,945 


1,288 


208 




Mar. 


31 


1,935 


2,725 


279 


4,938 


739 


5,792 


535 


1 .878 


1,326 


218 


184 1 




Apr. 


30 


2,113 


2,735 


362 


5,175 


766 


6,084 


589 


2.004 


1,381 


I':; l 


is-'. , 
180 




May 


29 


1,792 


2,563 


1,260 


5,594 


769 


6,494 


613 


2,065 


1.407 


233 


E 


June 


29 


1,857 


2,646 


1,037 


5,530 


764 


6,431 


614 


2,064 


1 ,522 


220 


19Q 

19o' 




July 


28 


1,935 


2,741 


593 


5,256 


756 


6,141 


581 


1,836 


1,561 


212 




Aug. 


28 


2,026 


2,833 


370 


5,215 


762 


6,113 


572 


1,850 


1.565 


226 


193 




Sept. 


27 


2,092 


2,935 


242 


5,264 


778 


6,167 


573 


1,916 


1,615 


L^L 1 


19} M 


Oct. 


27 


2,297 


2,992 


285 


5,578 


824 


6,522 


630 


2,027 


1 .67.-. 


258 


199 


Nov. 


26 


2,046 


2,816 


1,151 


6,004 


779 


6,924 


637 


1,446 


2,126 


241 


2( '2 • 


Dec. 


26 


2,063 


2,865 


1,013 


5,949 


812 


6,884 


684 


1,415 


2.171 


242 


21i/ tU 
j 



: 



F CANADA 



Millions of Dollars 



ASSETS 










Securities 




All 




Gold 


Silver 


Foreign ' 
Exchange 


Govt, of Canada 
and Provincial 


Ind. Dev. 
Bank 


Other 
Securities 


Total 


Advances 


Other 
Accounts 


















Under 2 yrs. 


Over 2 yrs. 


Cap. Stock 






























End of 


— 


— 


.1 


1,188.3 


806.9 


25.0 


— 


2,020.2 


— 


25.1 


Jan.— 1949 


— 


— 


.5 


1,180.5 


800.7 


25.0 


— 


2,006.2 


— 


29.8 


Feb. 


— 


- 


82.4 


1,087.1 


812.1 


25.0 


5.0 


1,929.1 


— 


40.4 


Mar. 


— 


— 


61.1 


1,199.0 


822.9 


25.0 


5.0 


2,051.9 


— 


27.8 


Apr. 


— 


— 


56.5 


1,148.1 


836.2 


25.0 


5.0 


2,014.3 


— 


27.4 


May 


— 


- 


62.8 


1,379.6 


636.8 


25.0 


5.0 


2,046.4 


— 


26.8 


June 


- 


- 


52.9 


1,499.2 


499.5 


25.0 


5.0 


2,028.7 


— 


15.0 


July 


— 


— 


55.8 


1,557.2 


441.2 


25.0 


5.0 


2,028.5 


— 


34.1 


Aug. 


- 


— 


60.1 


1,616.7 


421.2 


25.0 


5.5 


2,068.5 


— 


88.5 


Sept. 


— 


— 


64.9 


1,710.6 


335.9 


25.0 


5.5 


2,077.0 


— 


49.7 


Oct. 


- 


— 


66.2 


1,713.9 


221.5 


25.0 


5.5 


1,965.9 


— 


23.8 


Nov. 


— 


— 


74.2 


1,781.4 


227.8 


25.0 


5.5 


2,039.7 


— 


12.0 


Dec. 



res give effect to the enactment, under the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. 
I that date the Bank's minimum gold reserve requirement has been suspended. 



Under these orders the 



ERED BANKS 

]ada 



ASSETS 




Loans 


Total 

Assets 


Mai 


CANADA 


ABROAD 




Call 


Current 
Public 


Current 
Other 


Call 


Current 


533 


140 


934 


87 


250 


261 


2,864 


521 


186 


1,024 


83 


269 


269 


3,029 


522 


254 


1,178 


105 


267 


262 


3,323 


499 


267 


1,343 


112 


301 


248 


3,528 


472 


227 


1,286 


118 


188 


239 


3,237 


674 


170 


1,124 


147 


109 


205 


3,066 


•696 


117 


1 ,032 


165 


84 


172 


2,869 


841 


102 


907 


147 


92 


148 


2,831 


867 


102 


869 


145 


107 


138 


2,838 


,044 


82 


829 


134 


72 


146 


2,957 


,331 


93 


699 


121 


64 


150 


3,145 


,426 


107 


732 


117 


68 


165 


3,317 


,440 


67 


786 


129 


51 


158 


3,349 


,■540 


55 


855 


133 


48 


145 


3,592 


,579 


44 


969 


122 


44 


138 


3,707 


,727 


34 


1,091 


95 


44 


133 


4,008 


,073 


29 


1,075 


80 


56 


127 


4,400 


,714 


35 


1,053 


62 


81 


102 


5,149 


,353 


62 


1,022 


44 


100 


114 


5,990 


,858 


130 


1,100 


35 


108 


131 


6,743 


,287 


132 


1,223 


44 


87 


155 


7,430 


,108 


104 


1,693 


54 


76 


198 


7,811 


,120 


81 


1,923 


75 


74 


234 


8,140 


;370 


97 


2,112 


105 


83 


220 


8.658 


,571 


95 


1,133 


23 


109 


126 


6,365 


,624 


80 


1,102 


23 


95 


124 


6,340 


,606 


78 


1,067 


27 


91 


120 


6,249 


,799 


82 


1,023 


25 


101 


122 


6,546 


.885 


125 


1,249 


50 


113 


124 


6,957 


996 


123 


1,109 


32 


120 


131 


6,895 


802 


135 


1,046 


34 


111 


129 


6,613 


,835 


112 


988 


33 


119 


129 


6,580 


060 


109 


969 


33 


118 


128 


6,640 


159 


130 


979 


30 


96 


137 


6,992 


015 


239 


1,314 


58 


108 


146 


7,389 


038 


251 


1,227 


47 


120 


151 


7,353 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note (5i 




«) 


Deposits 


Circulation 












Average of 










Daily Figures 


192 


1,958 


9.8 


195 


1926 


187 


2,085 


9.0 


198 


1927 


193 


2,254 


8.5 


204 


1928 


191 


2,293 


8.3 


205 


1929 


176 


2,141 


8.2 


185 


1930 


169 


2,103 


8.1 


167 


1931 


172 


1,955 


8.8 


158 


1932 


189 


1,941 


9.8 


157 


1933 


201 


1,966 


10.2 


163 


1934 


216 


2,080 


10.3 


169 


1935 


225 


2,213 


10.2 


182 


1936 


240 


2,357 


10.2 


200 


1937 


254 


2,412 


10.5 


205 


1938 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 


672 


5,916 


11.4 


992 


1946 


670 


6,209 


10.8 


1,013 


1947 


711 


6,547 


10.9 


1,053 


1948 


746 


7,178 


10.4 


1,087 


1949 


578 


5,039 


11.5 


898 


Jan.— 1945 


560 


4,959 


11.3 


910 


Feb. 


555 


4,912 


11.3 


931 


Mar. 


586 


4,993 


11.7 


940 


Apr. 


602 


5,344 


11.3 


930 


May 


639 


5,507 


11.6 


934 


June 


598 


5,237 


11.4 


948 


July 


599 


5,172 


11.6 


966 


Aug. 


581 


5,179 


11.2 


983 


Sept. 


604 


5,338 


11.3 


999 


Oct. 


657 


5,868 


11.2 


985 


Nov. 


676 


5,854 


11.5 


989 


Dec. 



8 




















BANKING : Clf 


Millions of Dollars 






















Bank i 




LIABILITIES 








Notes 


Deposits 


Cash 

in 

Canada 

(3) 


Securities 






Demand 


Notice 


Govt, of 

Canada 

andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 

(2) 


Govt, of Canada 
and Provincial 


Foreign 
Govt. 


Othe 


' 




Under 2 yrs. 


Over 2 yrs. 




End of 




























1946— Jan. 


25 


1,948 


2,963 


899 


5,807 


783 


6,719 


653 


1,435 


2,212 


244 


208 


• 


Feb. 


25 


1,995 


3,078 


757 


5,835 


791 


6,758 


658 


1,384 


2,261 


258 


217 


• 


Mar. 


24 


1,985 


3,170 


626 


5,786 


800 


6,712 


643 


1,671 


2,028 


251 


246 


• 


Apr. 


24 


2,179 


3,238 


482 


5,911 


837 


6,878 


710 


1,652 


2,056 


277 


257 


1 


May 


24 


2,207 


3,306 


369 


5,893 


842 


6,858 


631 


1,634 


2,092 


304 


274 


■ 


June 


23 


2,150 


3,363 


242 


5,779 


851 


6,761 


627 


1,593 


2,089 


318 


274 


■ 


July 


23 


2,197 


3,411 


279 


5,931 


770 


6,811 


685 


1,593 


2,145 


284 


275 


■ 


Aug. 


23 


2,148 


3,466 


278 


5,935 


782 


6,827 


655 


1,604 


2,161 


276 


295 


• 


Sept. 


22 


2,265 


3,524 


248 


6,092 


798 


7,000 


665 


1,639 


2,154 


274 


309 


• 


Oct. 


22 


2,316 


3,477 


408 


6,245 


803 


7,161 


688 


1,658 


2,207 


280 


326 


1 


Nov. 


22 


2,182 


3,460 


720 


6,403 


802 


7,314 


720 


1,706 


2,209 


270 


310 


• 


Dec. 


21 


2,291 


3,469 


492 


6.295 


813 


7,226 


742 


1,308 


2,325 


276 


323 


■ 


1947— Jan. 


21 


2,087 


3,533 


613 


6,271 


819 


7,203 


676 


1,333 


2,377 


278 


381 


1 


Feb. 


21 


2,145 


3,586 


440 


6,211 


864 


7,184 


623 


1,139 


2,387 


319 


411 


• 


Mar. 


21 


1,996 


3,619 


573 


6,232 


885 


7,221 


684 


1,148 


2,429 


260 


402 


u 


Apr. 


20 


2,166 


3,637 


553 


6,404 


880 


7,386 


707 


1,077 


2,548 


304 


42C 


- 


May 


20 


2,053 


3,682 


330 


6,125 


847 


7,075 


620 


875 


2,602 


295 


39C 


' 


June 


20 


2,186 


3,644 


322 


6,208 


867 


7,181 


626 


786 


2,643 


299 


40C 




July 


19 


2,126 


3,689 


355 


6,229 


858 


7,194 


633 


731 


2,656 


309 


414 


1 


Aug. 


19 


2,058 


3,774 


353 


6,247 


858 


7,214 


659 


727 


2,652 


301 


42? 




Sept. 


19 


2,163 


3,806 


224 


6,262 


843 


7,217 


651 


634 


2,627 


279 


425 


:• 


Oct. 


19 


2,263 


3,753 


267 


6,337 


832 


7,286 


691 


584 


2,562 


277 


49 


U 


Nov. 


18 


2,120 


3,710 


442 


6,337 


836 


7,279 


685 


690 


2,422 


282 


4K 


-: 


Dec. 


18 


2,296 


3,740 


376 


6,473 


824 


7,406 


720 


731 


2,385 


271 


48^ 


J 


1948— Jan. 


18 


2,073 


3,824 


383 


6,339 


809 


7,255 


686 


837 


2,360 


263 


515 


ir 


Feb. 


18 


2,105 


3,881 


241 


6,281 


801 


7,203 


668 


820 


2,372 


264 


5U 


_•■ 


Mar. 


18 


2,201 


3,927 


272 


0,458 


802 


7,378 


686 


835 


2,399 


260 


54[ 




Apr. 


18 


2,223 


3,951 


290 


6,525 


797 


7,431 


699 


829 


2,436 


264 


54; 


f 


May 


17 


2,182 


3,955 


319 


6,522 


827 


7,457 


717 


829 


2,425 


266 


54t 


■ 


June 


17 


2,214 


3,930 


379 


6,591 


838 


7,534 


674 


952 


2,382 


266 


54, 




July 


17 


2,112 


3,959 


375 


6,497 


831 


7,431 


661 


929 


2,408 


270 


54". 




Aug. 


17 


2,215 


4,003 


391 


6,653 


841 


7,606 


701 


967 


2,430 


264 


54* 


. 


Sept. 


17 


2,360 


4,049 


368 


6,830 


823 


7,752 


723 


952 


2,430 


256 


54* 




Oct. 


17 


2,341 


4,040 


417 


6,842 


804 


7,745 


741 


894 


2,466 


246 


54: 


; 


Nov. 


16 


2,534 


4,086 


401 


7,090 


819 


8,005 


770 


927 


2,460 


242 


582 


. 


Dec. 


16 


2,544 


4,057 


426 


7,099 


811 


8,002 


738 


922 


2,513 


242 


59: 


:■ 


1949— Jan. 


16 


2,337 


4,118 


487 


6,999 


800 


7,885 


727 


932 


2,549 


238 






Feb. 


16 


2,289 


4,159 


508 


7,017 


799 


7,902 


698 


939 


2,587 


226 


571 




Mar. 


15 


2,281 


4,264 


382 


6,998 


787 


7,870 


706 


884 


2,616 


223 


56: 




Apr* 


15 


2,288 


4,339 


402 


7,103 


708 


7,898 


749 


812 


2,660 


233 


56; 




May 


15 


2,284 


4,339 


508 


7,233 


724 


8,049 


765 


853 


2,686 


235 


56? 




June 


15 


2,319 


4,330 


534 


7,287 


722 


8,112 


723 


1,079 


2,513 


240 


56- 




July 


15 


2,188 


4,341 


601 


7,221 


709 


8,022 


740 


1,123 


2,544 


238 


.">"> 




Aug. 


14 


2,315 


4,372 


611 


7,393 


703 


8,188 


777 


1,271 


2,468 


237 


55 


c 


Sept. 


14 


2,504 


4,411 


558 


7,573 


770 


8,447 


778 


1,172 


2,503 


238 


55> 


MC 


Oct. 


14 


2,519 


4,453 


469 


7,541 


748 


8,395 


819 


997 


2,530 


247 


55 


it 


Nov. 


14 


2,485 


4,447 


456 


7,487 


733 


8,322 


746 


1,060 


2,544 


248 


54 


k 


Dec. 


14 


2,426 


4,433 


367 


7,348 


730 


8,177 


753 


1,016 


2,542 


Ml 


54 




*As from April 1, 19 
of Canada Notes am 


49. statistics 
1 Deposits. 


of Newfound 
(4) Figure 


and branches 
i Kivcn are an 


of Charterec 
nual average 


1 Banks are i 
s of estinuuec 


tcluded as C: 

month-end 


n.ida. t 
'.in. uli. in dep 


1) Estimated 
osits in l<J26- 


month-end i 
35 and mom 


ily average C 


ble in Canad 
anadian drp< 


an curr 
•sits in 





rERED BANKS 




















\nada 
















Millions of Dollars 


ASSETS 


DAILY AVERAGE DATA 






Loans 


Total 

Assets 


Cash 
in (3) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 
Deposits 


Total 
Active 
Note (si 
Circulation 




Total 


CANADA 


ABROAD 






Call 


Current 
Public 


Current 
Other 


Call 


Current 




4,100 


210 


1,174 


39 


102 


145 


7,190 


677 


5,815 


11.6 


962 


Average of 
Daily Figures 

Jan.— 1946 


4,119 


200 


1,151 


43 


110 


147 


7,233 


653 


5,734 


11.4 


965 


Feb. 


4,197 


148 


1,133 


48 


106 


149 


7,193 


639 


5,765 


11.1 


978 


Mar. 


4,243 


152 


1,114 


46 


106 


152 


7,374 


663 


5,781 


11.5 


985 


Apr. 


4,304 


125 


1,140 


46 


90 


150 


7,361 


683 


5,795 


11.8 


979 


May 


4,275 


115 


1,148 


40 


74 


154 


7,270 


657 


5,789 


11.3 


983 


June 


4,297 


96 


1,190 


40 


68 


142 


7,317 


664 


5,841 


11.4 


987 


July 


4,336 


98 


1,210 


40 


77 


148 


7,342 


681 


5,898 


11.6 


992 


Aug. 


4,375 


91 


1,236 


48 


86 


160 


7,508 


659 


5,973 


11.0 


1,006 


Sept. 


4,471 


97 


1,302 


39 


80 


165 


7,693 


677 


6,100 


11.1 


1,015 


Oct. 


4,496 


117 


1,431 


46 


70 


168 


7,877 


718 


6,298 


11.4 


1,022 


Nov. 


4,232 


135 


1,454 


53 


77 


178 


7,799 


696 


6,199 


11.2 


1,030 


Dec. 


4,369 


134 


1,448 


33 


85 


181 


7,768 


711 


6,185 


11.5 


1,000 


Jan.— 1947 


4,264 


155 


1,468 


38 


73 


191 


7,751 


685 


6,290 


10.9 


1,000 


Feb. 


4,239 


121 


1,507 


48 


84 


188 


7,799 


671 


6,102 


11.0 


1,013 


Mar. 


4,349 


97 


1,581 


47 


79 


200 


7,970 


691 


6,233 


11.1 


1,013 


Apr. 


4,162 


81 


1,623 


41 


75 


207 


7,649 


677 


6,172 


11.0 


1,005 


May 


4,131 


106 


1,667 


42 


79 


191 


7,750 


648 


6,178 


10.5 


1,003 


June 


4,110 


99 


1,715 


46 


80 


184 


7,769 


642 


6,164 


10.4 


1,003 


July 


4,108 


82 


1,750 


55 


84 


183 


7,795 


644 


6,196 


10.4 


1,007 


Aug. 


3,963 


83 


1,789 


66 


81 


193 


7,782 


648 


6,195 


10.5 


1,015 


Sept. 


3,882 


93 


1,859 


71 


69 


205 


7,865 


666 


6,216 


10.7 


1,025 


Oct. 


3,850 


92 


1,985 


80 


64 


222 


7,860 


677 


6,291 


10.8 


1,031 


Nov. 


3,874 


105 


1,921 


78 


56 


234 


7,974 


680 


6,291 


10.8 


1,040 


Dec. 


3,972 


77 


1,891 


62 


58 


236 


7,825 


738 


6,377 


11.6 


1,006 


Jan. — 1948 


3,968 


70 


1,861 


72 


73 


224 


7,775 


690 


6,299 


11.0 


1,008 


Feb. 


1,036 


65 


1,844 


77 


76 


222 


7,949 


682 


6,251 


10.9 


1,023 


Mar. 


?,072 


76 


1,851 


79 


74 


221 


8,010 


712 


6,375 


11.2 


1,029 


Apr. 


1,066 


80 


1,858 


67 


74 


224 


8,033 


706 


6,444 


11.0 


1,036 


May 


1,143 


84 


1,867 


63 


80 


231 


8,106 


699 


6,427 


10.9 


1,037 


June 


1,154 


77 


1,877 


71 


71 


235 


7,996 


683 


6,557 


10.4 


1,053 


July 


1,209 


77 


1,878 


80 


77 


239 


8,182 


696 


6,546 


10.6 


1,056 


Aug. 


1,185 


76 


1,931 


93 


70 


' 244 


8,323 


717 


6,582 


10.9 


1,081 


Sept. 


§156 


97 


2,011 


99 


71 


241 


8,324 


735 


6,805 


10.8 


1,107 


Oct. 


1,212 


96 


2,129 


72 


80 


250 


8,579 


755 


6,940 


10.9 


1,099 


Nov. 


1,268 


101 


2,077 


71 


78 


240 


8,580 


723 


6,966 


10.4 


1,105 


Dec. 


1,311 


90 


2,054 


77 


73 


244 


8,458 


748 


6,997 


10.7 


1,062 


Jan. — 1949 


1,322 


108 


2,033 


86 


79 


247 


8,466 


719 


6,939 


10.4 


1,055 


Feb. 


1,285 


81 


2,026 


103 


79 


239 


8,426 


708 


6,859 


10.3 


1,075 


Mar. 


1,267 


90 


2,093 


106 


85 


213 


8,452 


706 


7,064 


10.0 


1,094 


Apr.* 


|,342 


74 


2,085 


117 


78 


215 


8,604 


765 


7,090 


10.8 


1,083 


May 


,396 


72 


2,085 


110 


94 


215 


8,668 


769 


7,138 


10.8 


1,084 


June 


1,460 


77 


2,082 


105 


90 


212 


8,570 


755 


7,255 


10.4 


1,088 


July 


i,527 


78 


2,060 


114 


84 


205 


8,734 


762 


7,256 


10.5 


1,081 


Aug. 


,463 


103 


2,184 


120 


97 


214 


8,979 


771 


7,312 


10.5 


1,100 


Sept. 


,327 


137 


2,213 


124 


77 


214 


8,943 


772 


7,442 


10.4 


1,111 


Oct. 


,395 


119 


2,250 


106 


91 


212 


8,873 


752 


7,443 


10.1 


1,099 


Nov. 


,345 


133 


2,174 


97 


70 


211 


8,718 


729 


7,344 


9.9 


1,109 


Dec. 



k 2) Includes inter-bank deposits. (3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits: after that date: Bank 

jfter. (5) Bank of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 1944, an approximate figure only. 



10 



BANKING : Cli 

Departml | 
ANNUAL CLASSIFICATJD1 



As at October 31 



1934 



1935 



1936 



1937 



1938 



1939 



1940 



NUMBER! 



$1,000 or less 

$1,000 to $5,000. . . . 
$5,000 to $25,000. . 
$25,000 to $100,000 
Over $100, 000 

Total 



580.9 

35.3 

8.6 

1.9 



627.3 



574.3 

39.3 

9.4 

2.1 



625.9 



580.0 

43.6 

10.5 

2.3 

.7 



637.1 



596.8 

47.4 

11.4 

3.5 



660.0 



604.5 

50.1 

12.0 

2.7 

.9 



670.1 



614.0 

53.1 

13.0 

3.0 

.9 



684.1 



616. 

57. 

14. 

3. 

1. 



693. 



AMOUNT INI l 



$1,000 or less 

$1,000 to $5,000.... 
$5,000 to $25,000... 
$25,000 to $100,000 

Over $100, 000 

Adjustment Items. . 

Total 



71.8 
72.3 
88.7 
87.5 
218.4 
+3.9 



542.4 



76.0 
80.1 
95.4 
99.7 
271.0 
+2.7 



624.9 



81.7 
89.7 
108.4 
107.7 
279.8 
-3.0 



664.3 



84.9 
97.8 
114.8 
115.5 
264.1 
+2.0 



679.1 



88.1 
102.4 
121.5 
125.4 
306.1 
+5.8 



749.4 



89.0 
109.2 
132.4 
142.0 
341.2 
+7.8 



821.7 



96. 
120. 
145. 
152. 
427. 
-1. 



941. 



* As at September 30. (1) Includes deposits with Newfoundland branches of Chartered Banks. 



ANNUAL CLASSIFICATH 



As at October 31 



1934 



1935 



1936 



1937 



1938 



1939 



1940 

















NUMBEFB 


$1,000 or less 


3,766.0 

246.1 

28.9 

1.9 

.4 


3,716.3 

263.4 

32.5 

2.3 

.5 


3,664.8 

268.5 

34.2 

2.3 

.5 


3,770.7 

274.8 

36.3 

2.4 

.5 


3,797.5 

284.2 

38.1 

2.5 

.6 


3,828.3 

290.2 

40.0 

2.8 

.6 


3,846 


$1,000 to $5,000 


268 


$5,000 to $25,000 


34 


$25,000 to $100,000 


2 


Over $100,000 








Total 


4,043.2 


4,015.0 


3,970.3 


4,084.8 


4,123.0 


4,161.9 


4,152 | 



















AMOUNT IN 




$1,000 or less 


416.5 

485.7 
249.6 
82.6 
131.6 
+4.2 


425.9 
518.5 
280.9 
99.8 
136.2 
+4.3 


432.5 
537.1 
297.6 
99.1 
141.3 
+2.6 


456.0 
551.4 
315.6 
103.6 
154.1 
+3.0 


452.8 
571.7 
331.0 
111.9 
185.2 
+3.2 


454.9 
588.2 
348.9 
123.3 
190.1 
+3.7 


461 

537j 

299r 

1051 

1901 

+5' 




$1,000 to $5,000 




$5,000 to $25,000 




$25,000 to $100,000 




Over $100,000 




Adjustment Items 








Total 


1,370.2 


1,465.6 


1,510.3 


1,583.7 


1,655.8 


1,709.2 


1,599 




* As at September 30. (1) Includes t 


eposits with Newfo 


undland branches o 


f Chartered Banks. 













11 



ERED BANKS 

Finance 

t DEMAND DEPOSITS 



1941 



1942 



1943 



1944 



1945 



1946 



1948 



1949 



*d) 



10USANDS 



618.7 


616.5 


611.9 


602.1 


592.0 


649.2 


685.9 


726.6 


767.5 


64.7 


77.2 


94.3 


120.1 


133.3 


142.3 


146.5 


163.4 


170.0 


16.2 


20.0 


25.0 


29.4 


34.9 


37.1 


38.5 


44.0 


47.7 


3.8 


4.5 


5.1 


5.8 


6.7 


7.5 


7.4 


8.5 


9.2 


1.3 


1.7 


2.0 


2.2 


2.5 


2.4 


2.3 


2.6 


2.9 


704.8 


719.8 


738.3 


759.5 


769.3 


838.5 


880.6 


945.1 


997.3 



IONS OF DOLLARS 



105.2 


118.5 


132.7 


142.1 


166.3 


165.6 


169.8 


180.4 


185.9 


136.3 


163.5 


202.0 


259.0 


289.0 


307.2 


321.7 


355.8 


373.3 


164.2 


201.7 


252.2 


295.8 


344.0 


372.3 


386.9 


434.8 


477.0 


178.0 


213.6 


240.3 


268.1 


307.2 


350.9 


344.1 


393.6 


425.2 


550.2 


895.6 


983.6 


1,145.4 


1,159.8 


1,097.7 


945.9 


1,032.6 


1,143.1 


+ 1.5 

j 


+ 16.2 


+ 16.0 


+34.0 


+30.6 


+22.0 


-4.9 


-37.1 


- 100.5 


1,135.5 


1,609.1 


1,826.8 


2,144.5 


2,297.0 


2,315.7 


2,163.3 


2,360.1 


2,504.1 



<NOTICE DEPOSITS 



1941 



1942 



1943 



1944 



1945 



1946 



1947 



1948 



1949 



foUSANDS 



3,951.6 


4,055.0 


4,280.4 


4,588.0 


4,968.7 


5,290.7 


5,517.0 


5,718.5 


5,962.5 


| 264.6 


280.6 


342.8 


454.3 


584.2 


690.2 


725.2 


777.7 


827.6 


31.3 


31.2 


35.8 


47.4 


60.0 


77.5 


89.6 


103.4 


121.5 


2.3 


2.2 


2.4 


2.8 


3.1 


4.1 


4.7 


5.3 


5.8 


.6 


.7 


.7 


.7 


.8 


1.0 


1.0 


1.0 


1.1 


4,250.4 


4,369.7 


4,662.1 


5,093.2 


5,616.7 


6,063.5 


6,337.5 


6,606.0 


6,918.4 



IONS OF DOLLARS 



) 496.3 


534.6 


617.3 


752.3 


862.3 


901.0 


922.0 


953.1 


997.5 


522.3 


548.8 


671.1 


880.2 


1,142.9 


1,373.3 


1,478.4 


1,605.1 


1,732.2 


| 272.5 


271.4 


308.9 


405.1 


497.0 


645.3 


752.6 


868.0 


1,017.3 


99.6 


98.9 


105.4 


122.0 


133.4 


180.5 


203.4 


228.1 


249.9 


1 195.6 


247.8 


250.8 


322.7 


347.8 


365.7 


440.7 


387.1 


405.4 


+5.4 


+7.2 


+7.7 


+6.6 


+8.3 


+ 10.9 


+8.7 


+7.1 


+9.3 


1,591.7 


1,708.7 


1,961.2 


2,488.9 


2,991.6 


3,476.7 


3,805.9 


4,048.5 


4,411.5 



12 



Millions of Dollars 



BANKING : CI 

Departm 
ANNUAL CLASSIFICATIC 



As at October 31 



1934 



1935 



1936 



1937 



1938 



1939 



Provincial governments 

Municipal governments and school districts 

Agriculture: 

Farmers loans, cattle loans, fruit raisers 

Loans to grain dealers, grain exporters and seed merchants. . . 

Total Agriculture 

Financial: 

Call loans and other accommodation to brokers and dealers. . 

Loans to specified institutions 

Loans to individuals against securities 

Total Financial 

Merchandising; wholesale and retail 

Manufacturers of and dealers in lumber, pulpwood and products 

Other manufacturing of all descriptions 

Mining 

Fishing; including loans to packers and curers of fish 

Public utilities; including transportation companies 

Loans to building contractors and others for building purposes 
Loans to churches, hospitals, charitable and religious institutions 
Other loans 

Total Loans in Canada 



26.8 
107.4 

64.2 
150.5 

214.7 

90.7 

70.0 

115.2 

275.9 

117.5 

74.3 

140.1 

6.6 

7.0 

71.4 

21.8 

19.7 

66.5 



29.7 
96.8 

59.9 
166.4 

226.4 

66.7 

63.1 

101.2 

231.0 

113.8 

73.0 

119.2 

6.8 

7.2 

71.3 

24.1 

16.1 

52.3 



14.7 
92.0 

54.0 
64.5 

118.5 

97.4 

73.8 

111.5 

282.7 

115.9 

64.9 

130.0 

6.9 

8.2 

8.4 

23.7 

14.8 

53.0 



26.4 
94.2 

57.5 
30.8 

88.3 

73.5 

69.0 

142.8 

285.3 

129.6 

62.9 

156.6 

6.1 

7.7 

11.9 

33.6 

16.4 

61.6 



22.8 
114.5 

56.8 
91.7 

148.5 

62.4 

66.9 

120.5 

249.8 

133.7 

75.2 

138.4 

8.9 

8.7 

24.9 

39.2 

19.4 

74.7 



18.5 
112.2 

57.0 
211.4 



268.4 

51.7 

58.8 

109.4 



220.0 

134.0 

56.9 

135.7 

6.4 

7.0 

36.3 

45.8 

19.0 

83.3 



1,149.7 



1,067.6 



933.5 



980.6 



1,058.6 



1,143.5 






* As at September 30. 



Millions of Dollars 



(1) Includes loans at Newfoundland branches of Chartered Banks. 



GENERAL PUBLIC HOLDIN 

Bar. 





Currency and Active Bank Deposits 


Tot* 
Currei 

and 
Actii 

Ban 
Depos 






Currency 
Outside Banks 


Active Bank Deposits 






Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 


Total 






Notes' 1 ) 


Coin' 5 ' 


Total 


(S) 

Demand 


Active 14 ' 
Notice 


Other ( 5 > 

excl. 

Govt. 

of Canada 


Total 


Deduct™ 
Float 


Net 
Total 


As at Dec. 31 




























1938 


207 


31 


238 


734 


1ST 


85 


1,000 


116 


890 


3 


893 


1,13 


. 


1939 


247 


34 


281 


853 


197 


157 


1,207 


136 


1,071 


18 


1,089 


1,37 


■ 


1940 


341 


38 


379 


1,031 


203 


112 


1,346 


172 


1,174 


10 


1.184 


1,56 


■ 


1941 


450 


42 


492 


1,268 


236 


97 


1,601 


198 


1.403 


6 


1,409 


1,90 




1942 


633 


49 


682 


1,499 


238 


121 


1,858 


210 


1,648 


19 


1,667 


2,34 




1943 


794 


.-,:, 


849 


1 ,697 


294 


134 


2,125 


266 


1,859 


18 


1.S77 


2,72 


' 


1944 


930 


00 


990 


1 ,802 


363 


153 


2,378 


243 


2,135 


as 


3,163 


3,15 




1945 


992 


63 


1,055 


2,063 


474 


172 


2.709 


280 


2,429 


30 


2.459 


3,51 




1946 


1,031 


65 


1 ,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,99 




1947 


1 ,046 


66 


1,112 


2.296 


597 


233 


3,120 


362 


2,704 


68 


8,833 


3,94 




1948 


1,115 


70 


1,185 


2,5 41 


649 


270 


::.409 


400 


3,009 


si 


3,150 


4,33 


| 


1949 


1,110 


74 


1,184 


2,420 


682 


338 


3,440 


335 


3,111 


127 


3,238 


4,42 


' 



* In the case of currency and Government of Canada securities, holdings outside Canada have been included throughout. In the case of other items the statistics rctrr ti 



13 



PERED BANKS 

Finance 
LOANS IN CANADA 



1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947* 


1948* 


1949*U> 


14.6 


8.9 


4.5 


5.3 


5.4 


11.5 


12.1 


20.6 


20.5 


40.4 


99.6 


78.1 


66.3 


48.0 


33.2 


20.2 


26.5 


43.9 


67.6 


76.1 


53.2 


47.9 


46.5 


49.8 


57.7 


71.3 


109.8 


147.3 


161.9 


184.4 


235.9 


292.4 


293.6 


245.9 


209.3 


109.5 


67.7 


67.9 


103.3 


190.1 


289.1 


340.3 


340.1 


295.8 


267.0 


180.8 


177.5 


215.2 


265.2 


374.5 


39.9 


37.7 


26.8 


39.4 


56.8 


130.6 


97.8 


83.9 


75.4 


102.4 


65.3 


68.3 


37.3 


27.1 


27.6 


34.2 


63.7 


38.0 


41.4 


57.5 


102.2 


108.1 


83.7 


100.0 


125.0 


172.5 


220.8 


225.8 


225.1 


234.6 


207.3 


214.1 


147.8 


166.6 


209.5 


337.3 


382.4 


347.8 


341.8 


394.5 


139.1 


155.6 


123.1 


100.0 


122.2 


153.9 


240.1 


417.7 


432.5 


480.7 


45.7 


44.4 


41.6 


43.4 


52.8 


61.4 


79.4 


116.4 


112.7 


112.0 


198.0 


245.0 


213.9 


259.4 


201.6 


189.2 


238.8 


387.2 


423.4 


428.4 


5.7 


7.1 


8.9 


10.0 


12.7 


11.5 


13.7 


17.0 


18.9 


21.9 


7.3 


10.7 


9.6 


8.3 


11.6 


11.4 


16.4 


21.3 


14.8 


24.9 


22.5 


19.9 


14.3 


13.4 


6.3 


7.8 


15.9 


42.5 


36.3 


34.5 


52.1 


50.4 


49.4 


45.5 


39.0 


47.6 


71.8 


93.9 


103.6 


113.3 


17.5 


16.5 


10.4 


7.7 


6.2 


6.4 


7.8 


13.5 


23.8 


26.5 


86.3 


84.0 


76.2 


74.4 


82.0 


100.4 


156.5 


201.4 


239.5 


280.6 


1,184.8 


1,275.1 


1,106.3 


1,077.8 


1,049.6 


1,139.5 


1,438.9 


1,938.2 


2,100.7 


2,408.4 



> CERTAIN LIQUID ASSETS* 

ada 



Millions of Dollars 





Govt, of 

Canada 

Securities 

(»)(10)(U) 


Total 


Related Factors 




active 


Govt, of Canada Direct and Guaranteed Funded Debt ?) 


Bank< 13 > 
Loans 
& Non- 
Govt. 
Invest- 
ments 


Total ("> 
Related 
Factors 




irtered 

ank 

ptice 

posits 


Held by Bk. of Can. 


& Ch. Bks. 


Heidi 


i>y Other Investors 




Total 

(10) 


Deduct"" 
Govt, of 
Canada 
Deps. 


Net 
Total 


Total 


Deduct 

Securities 

held by all 

Govt. Accts. 


Net 
Total 

(10) 


























As at Dec. 31 


? 472 


3,228 


5,831 


949 


79 


870 


3,387 


159 


3,228 


1,628 


5,940 


1938 


,544 


3,279 


6,193 


1,178 


145 


1,033 


3,417 


138 


3,279 


1,767 


6,369 


1939 


438 


3,670 


6,671 


1,480 


32 


1,448 


3,759 


89 


3,670 


1,720 


6,876 


1940 


,433 


4,162 


7,496 


1,771 


148 


1,623 


4,295 


133 


4,162 


1,719 


7,705 


1941 


>436 


5,344 


9,129 


2,794 


366 


2.428 


5,554 


210 


5,344 


1,570 


9,342 


1942 


,654 


7,184 


11,564 


3,764 


597 


3,167 


7,683 


499 


7,184 


1,459 


11,811 


1943 


,060 


9,131 


14,344 


4,598 


720 


3,878 


9,873 


742 


9,131 


1,593 


14,602 


1944 


,391 


11,310 


17,215 


5,348 


1,002 


4,346 


12,131 


821 


11,310 


1,827 


17,483 


1945 


1856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


1946 


,143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


1947 


,408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


1948 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


1949 



nly with Newfoundland branches of Chartered Banks being included as from April 1, 1949. 



14 
















GENERAL PUBLIC HOLDING! 


Millions of Dollars 












Bank ■ 




Currency and Active Bank Deposits 


p 

Totah 

Currenl 

and 11 




Currency 
Outside Banks 


Active Bank Deposits 




Chartered Banks 


(7) 

Bank of 
Canada 
"Other" 
Deposits 


Total 




Notes'" 


Coin ( 2 > 


Total 


<») 

Demand 


Active (4) 
Notice 


Other< 6 > 

excl. 

Govt. 

of Canada 


Total 


Deduct™ 
Float 


Net 
Total 


Activ 

Bank 

Deposi 


Month-end 
























I 


1946— Jan. 


966 


61 


1,027 


1,948 


490 


182 


2,620 


211 


2,409 


34 


2,443 


3,470 


Feb. 


977 


62 


1,039 


1,995 


509 


194 


2,698 


249 


2,449 


56 


2,505 


3,544, 


Mar. 


1,002 


63 


1,065 


1,985 


525 


188 


2,698 


207 


2,491 


89 


2,580 


3,64E 


Apr. 


984 


62 


1,046 


2,179 


534 


215 


2,928 


256 


2,672 


63 


2,735 


3,781! 


May 


996 


63 


1,059 


2,207 


543 


206 


2,956 


280 


2,676 


78 


2,754 


3,812) 


June 


1,011 


64 


1,075 


2,150 


552 


220 


2,922 


231 


2,691 


86 


2,777 


3,852! 


July 


989 


63 


1,052 


2,197 


600 


237 


3,034 


239 


2,795 


90 


2,885 


3,93; i 


Aug. 


1,016 


64 


1,080 


2,148 


609 


224 


2,981 


204 


2,777 


80 


2,857 


3,9331 


Sept. 


1,016 


63 


1,079 


2,265 


619 


239 


3,123 


287 


2,836 


88 


2,924 


4,00: 


Oct. 


1,029 


64 


1,093 


2,316 


610 


220 


3,146 


283 


2,863 


85 


2,948 


4,041; 


Nov. 


1,042 


65 


1,107 


2,182 


610 


215 


3,007 


243 


2,764 


79 


2,843 


3,95( 


Dec. 


1,031 


65 


1,096 


2,291 


614 


229 


3,134 


328 


2,806 


94 


2,900 


3,99<i 


1947— Jan. 


1,017 


63 


1,080 


2,087 


538 


257 


2,882 


257 


2,625 


83 


2,708 


3,781| 


Feb. 


1,030 


63 


1,093 


2,145 


547 


235 


2,927 


352 


2,575 


75 


2,650 


3,74:; 


Mar. 


1,027 


64 


1,091 


1,996 


553 


234 


2,783 


266 


2,517 


65 


2,582 


3,67:< 


Apr. 


1,010 


63 


1,073 


2,166 


557 


285 


3,008 


291 


2,717 


69 


2.786 


3,85! 1 


May 


1,026 


65 


1,091 


2,053 


559 


251 


2,863 


235 


2,628 


58 


2,686 


3,77'! 


June 


1,021 


65 


1,086 


2,186 


559 


238 


2,983 


281 


2,702 


54 


2,756 


3,84: 


July 


1,008 


64 


1,072 


2,126 


582 


241 


2,949 


267 


2,682 


64 


2,746 


3,81 


Aug. 


1,034 


65 


1,099 


2,058 


588 


234 


2,880 


228 


2,652 


59 


2,711 


3,8H 


Sept. 


1,021 


65 


1,086 


2,163 


593 


236 


2,992 


317 


2,675 


62 


2,737 


3,82. 


Oct. 


1,055 


66 


1,121 


2,263 


591 


237 


3,091 


356 


2.735 


71 


2,806 


3,92 | 


Nov. 


1,052 


66 


1,118 


2,126 


593 


217 


2,936 


251 


2,685 


62 


2,747 


3.86 


Dec. 


1,046 


66 


1,112 


2,296 


597 


233 


3,126 


362 


2,764 


68 


2,832 


3,94-t 


1948— Jan. 


1,028 


65 


1,093 


2,073 


609 


214 


2,896 


232 


2,664 


61 


2,725 


3,81 J 


Feb. 


1,038 


66 


1,104 


2,105 


620 


220 


2,945 


230 


2,715 


75 


2,790 


3,891 


Mar. 


1,032 


66 


1,098 


2,201 


629 


263 


3,093 


345 


2,748 


87 


2,835 


3,93! 


Apr. 


1,060 


66 


1,126 


2,223 


629 


281 


3,133 


333 


2,800 


126 


2,926 


4,05 


May 


1,043 


67 


1,110 


2,182 


630 


269 


3,081 


317 


2,764 


96 


2,860 


3,97i. 


June 


1,067 


67 


1,134 


2,214 


628 


286 


3,128 


339 


2,789 


107 


2,896 


4,03 ■.■[. 


July 


1,079 


68 


1,147 


2,112 


628 


270 


3,010 


239 


2,771 


84 


2,855 


4,00 


Aug. 


1,068 


67 


1,135 


2,215 


634 


254 


3,103 


280 


2,823 


90 


2,913 


4,04 ijs 


Sept. 


1,112 


68 


1,180 


2,360 


645 


267 


3,272 


377 


2,895 


78 


2,973 


4,151 


Oct. 


1,131 


70 


1,201 


2,341 


647 


239 


3,227 


292 


2,935 


72 


3,007 


4,201 


Nov. 


1,100 


69 


1,169 


2,534 


651 


271 


3,456 


362 


3,094 


64 


3,158 


4,32t 


Dec. 


1,115 


70 


1,185 


2,544 


649 


276 


3,469 


400 


3,069 


81 


3,150 


4,331 


1949— Jan. 


1,063 


68 


1,131 


2,337 


634 


266 


3,237 


293 


2,944 


87 


3,031 


4,161 


Feb. 


1,070 


69 


1.139 


2,289 


640 


260 


3.189 


317 


2,872 


80 


2,952 


4,091 


Mar. 


1,095 


69 


1,164 


2,281 


659 


287 


3,227 


335 


2.892 


85 


2,977 


4,14 


Apr. 


1,118 


70 


1,188 


2,288 


672 


300 


3,260 


277 


2,983 


81 


3,064 


4,25 


May 


1,085 


70 


1,155 


2,284 


671 


315 


3,270 


335 


2,935 


65 


3,000 


4,15 


June 


1,130 


71 


1,201 


2,319 


670 


317 


3,306 


394 


2,912 


74 


2,986 


4,18 


July 


1,113 


71 


1,184 


2,188 


671 


291 


3,150 


235 


2,915 


74 


.2,989 


4,17 


Aug. 


1,085 


70 


1,155 


2,315 


675 


289 


3,279 


308 


2,971 


62 


3,033 


4,18 


Sept. 


1,139 


72 


1,211 


2,504 


681 


305 


3,490 


396 


3,094 


64 


3,158 


4,36 


Oct. 


1,114 


73 


1,187 


2,519 


683 


325 


3,527 


414 


3,113 


77 


3,190 


4,37 


Nov. 


1,095 


73 


1,168 


2,485 


683 


312 


3,480 


356 


3,124 


81 


3,208 


4.3", 


Dec. 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


335 


3,111 


127 


3,238 


4.4: 


(1) Note Circula 
held by chart 

(2) Subsidiary cc 

chartered ba 

(3) Chartered ba 

(4) Chartered ba 
aggregate qua 
personal notic 

(5) Chartered ba 
Canadian, Ur 


tion of Bank 
ered banks, 
in issued by 
nks in Canac 
nks' public d< 
nks' public 
rterly minim 
e deposits, 
nks' Canadia 
ited Kingdor 


of Canada 

the Mint le 

a. 

;mand depos 

notice depos 

um balances 

n dollar depo 
i, and foreigi 


and charterei 

is coin held 

ts in Canada 
its in Canac 
in personal s 

sits of provin 
i banks. 


i banks, exc 
jy Bank of 

a other tha 
wings accoui 

cial governm 


uding notes 
Canada and 

n estimated 

its and nnn- 

ents, and of 


(6) Cheq 
the W 

(7) Other 
stater 
foreig 

(8) Estim 
savin) 

(9) Direc 
incluc 
fund 1 


jes on other 
inister of Fir 
Deposits wi 
nents — i.e. 
n deposits, 
ated aggrega 
[s deposits in 
: and guaran 
es both matt 
loldings: gua 


banks as sh< 
lance. 

th the Bank 
excluding G< 

te minimum c 
Canada plu: 
eed securities 
red and unm 
ranteed debt 


1WD in chart 

of Canada .i 
nernment o 

luarterly bala 

non-persona 

(including t 

atured issues 

is included o 


:red bank m 

> shown in p 
Canada, c 

nces in chart 
J notice depo 
;fundable tax 
outstanding 
n t he basis of 


jnth-end reti 

ublished moti 
nartered ban 

:red banks' p< 
sits in Canac! 
es). For dir*< 
exclusive of ! 
the total unm 


irns to 

th-end 
k and 

■rsonal 

a. 

-t debt 

inking 

atured 



15 



CERTAIN LIQUID ASSETS" 

ida 



Millions of Dollars 



(8) 


Govt, of 

Canada 

Securities 

(»)(10)(12) 


Total 


Related Factors 




ictive 


Govt, of Canada Direct and Guaranteed Funded Debt (9 > 


Bank" 3 ' 

Loans 

& Non- 

Govt. 

Invest- 


Total " 4 > 
Related 
Factors 




rtered 
ank 
>tice 
josits 


Held by Bk. of Can. 


& Ch. Bks. 


Held by Other Investors 




Total 

(10) 


Deduct^ 
Govt, of 
Canada 


Net 
Total 


Total 


Deduct 
Securities 
held by all 


Net 
Total 












Deps. 






Govt. Accts. 


(10) 


ments 




























Month-end 


473 


11,404 


17,347 


5,161 


901 


4,260 


12,191 


787 


11,404 


1,763 


17,427 


Jan.— 1946 


569 


11,441 


17,554 


5,161 


770 


4,391 


12,149 


708 


11,441 


1,780 


17,612 


Feb. 


646 


11,358 


17,649 


5,223 


592 


4,631 


12,085 


727 


11,358 


1,774 


17,763 


Mar. 


703 


11,386 


17,870 


5,284 


464 


4,820 


12,098 


712 


11,386 


1,783 


17,989 


Apr. 


763 


11,302 


17,878 


5,173 


262 


4,911 


12,062 


760 


11,302 


1,816 


18,029 


May 


811 


11,249 


17,912 


5,123 


104 


5,019 


12,045 


796 


11,249 


1,817 


18,085 


June 


811 


11,106 


17,854 


5,249 


155 


5,094 


11,889 


783 


11,106 


1,843 


18,043 


July 


856 


11,073 


17,866 


5,254 


167 


5,087 


11,880 


807 


11,073 


1,885 


18,045 


Aug. 


905 


11,005 


17,913 


5,271 


91 


5,180 


11,876 


871 


11,005 


1,948 


18,133 


Sept. 


867 


11,038 


17,946 


5,375 


270 


5,105 


11,932 


894 


11,038 


2,048 


18,191 


Oct. 


,851 


11,230 


18,031 


5,494 


611 


4,883 


12,099 


869 


11,230 


2,225 


18,338 


Nov. 


,856 


11,175 


18,027 


5,221 


366 


4,855 


12,093 


918 


11,175 


2,297 


18,327 


Dec. 


995 


11,117 


17,900 


5,275 


544 


4,731 


12,056 


939 


11,117 


2,361 


18,209 


Jan.— 1947 


040 


11,089 


17,872 


5,071 


461 


4,610 


12,043 


954 


11,089 


2,460 


18,159 


Feb. 


067 


11,005 


17,745 


5,106 


542 


4,564 


11,945 


940 


11,005 


2,467 


18,036 


Mar. 


080 


10,913 


17,852 


5,103 


511 


4.592 


11,938 


1,025 


10,913 


2,618 


18,123 


Apr. 


124 


10,870 


17,771 


4,855 


317 


4,538 


12,005 


1,135 


10,870 


2,625 


18,033 


May 


085 


10,888 


17,815 


4,720 


246 


4,474 


12,160 


1,272 


10,888 


2,721 


18,083 


June 


107 


10,873 


17,798 


4,709 


297 


4,412 


12,165 


1,292 


10,873 


2,770 


18,055 


July 


186 


10,804 


17,800 


4,758 


314 


4,444 


12,110 


1,306 


10,804 


2,813 


18,061 


Aug. 


213 


10,771 


17,807 


4,618 


185 


4,433 


12,079 


1,308 


10,771 


2,860 


18,064 


Sept. 


162 


10,711 


17,800 


4,600 


227 


4,373 


11,973 


1,262 


10,711 


2,989 


18,073 


Oct. 


117 


10,850 


17,832 


4,508 


368 


4,140 


12,209 


1,359 


10,850 


3,103 


18,093 


Nov. 


143 


10,763 


17,850 


4,529 


272 


4,257 


12,178 


1,415 


10,763 


3,084 


18,104 


Dec. 


.215 
761 


10,651 


17,684 


4,538 


272 


4.266 


12,156 


1,505 


10,651 


3,020 


17,937 


Jan.— 1948 


10,527 


17,682 


4,537 


137 


4,400 


12,057 


1,530 


10,527 


2,995 


17,922 


Feb. 


298 


10,439 


17,670 


4,580 


111 


4,469 


11,892 


1,453 


10,439 


3,000 


17,908 


Mar. 


322 


10,436 


17,810 


4,716 


128 


4,588 


11,769 


1,333 


10,436 


3,015 


18,039 


Apr. 


326 


10,422 


17,718 


4,765 


251 


4,514 


11,733 


1,311 


10,422 


3,020 


17,956 


May 


,308 


10,390 


17,728 


4,823 


294 


1,529 


11,689 


1,299 


10,390 


3,036 


17,955 


June 


331 


10,369 


17,702 


4,798 


276 


4,522 


11,701 


1,332 


10,369 


3,055 


17,946 


July 


368 


10,324 


17,740 


4,861 


287 


4,574 


11,634 


1,310 


10,324 


3,078 


17,976 


Aug. 


403 


10,303 


17,859 


4,889 


241 


4,648 


11,614 


1,311 


10,303 


3,138 


18,089 


Sept. 


393 


10,258 


17,859 


4,926 


331 


4,595 


11,576 


1,318 


10,258 


3,236 


18,089 


Oct. 


435 


10,287 


18,049 


4,933 


286 


4,647 


11,576 


1,289 


10,287 


3,375 


18,309 


Nov. 


408 


10,249 


17,992 


4,972 


320 


4,652 


11,506 


1,257 


10,249 


3,341 


18,242 


Dec. 


484 


10,257 


17,903 


5,013 


420 


4,593 


11,484 


1,227 


10,257 


3,302 


18,152 


Jan.— 1949 


,520 


10,239 


17,850 


5,043 


487 


4,556 


11,396 


1,157 


10,239 


3,286 


18,081 


Feb. 


605 


10,058 


17,804 


4,990 


229 


4,761 


11,280 


1,222 


10,058 


3,206 


18,025 


Mar. 


667 


9,906 


17,825 


5,089 


292 


4,797 


11,051 


1,145 


9,906 


3,282 


17,985 


Apr. 


667 


9,868 


17,690 


5,121 


397 


4,724 


10,991 


1,123 


9,868 


3,271 


17,863 


May 


660 


9,880 


17,727 


5,210 


433 


4,777 


10,954 


1,074 


9,880 


3,265 


17,922 


June 


J669 


9,863 


17,705 


5,241 


494 


4,747 


10,895 


1,032 


9,863 


3,270 


17,880 


July 


697 


9,893 


17,778 


5,310 


526 


4,784 


10,882 


989 


9,893 


3,256 


17,933 


Aug. 


f730 


9,977 


18,076 


5,295 


493 


4,802 


10,941 


964 


9,977 


3,400 


18,179 


Sept. 


770 


9,888 


18,035 


5,145 


309 


4,836 


10,754 


866 


9,888 


3,480 


18,204 


Oct. 


764 


9,954 


18,094 


5,092 


270 


4,822 


10,750 


796 


9,954 


3,490 


18,266 


Nov. 


751 


9,904 


18,077 


5,121 


181 


4,940 


10,700 


796 


9,904 


3,419 


18,263 


Dec. 



issues outstanding: Newfoundland debt assumed by the Government of (12) 

Canada has been included since June 1949. Foreign-pay securities have 

been valued at official mid-rates of exchange. (13) 

(10) Chartered banks' temporary advances to the general public in connection 
with the purchase of Victory Loan Bonds at time of issue, amounting to 
166, 261, 271, and 411 in the years 1942 to 1945 inclusive, have been included 
in bank holdings of Government securities and deducted from holdings of 

the general public. (**' 

(11) Canadian dollar deposits of the Government of Canada at chartered banks 

and Bank of Canada. * 



Holdings of all investors other than Bank of Canada, chartered banks and 

Government of Canada accounts. 

All loans in Canada of the chartered banks other than temporary advances 

in connection with Victory Loan issues, plus chartered banks' holdings of 

provincial, municipal and "other" securities, and Bank of Canada holdings 

of Industrial Development Bank Capital stock. 

Includes Bank of Canada gold and exchange holdings in the years 1938-1943 

amounting to 214, 290, 38, 201, nil and 1 respectively. 

See page 12. 



16 



SECURITY MARKETS : BOND ISSUES AND RETIREMENTS'" 

Bank of Canada 
Par Values in Millions of Canadian Dollars* 





I— Govt. 


of Canada Direct & 




II— Provincial Direct anc 


> Guaranteed 




Guaranteed and Other C.N.R.t 
















New Issues 


Retirements 


Net New 


New Issues 


Retirements 


Net New 




Issues or 
Retirements 




New 


Refunding 


Refunded 


Other 


Issues or 
Retirements 


Calendar Years 


















1936 


402.7 


271.6 


131.1 




80.4 


37.1 


17.0 


61.2 


39.4 


1937 


348.3 


337.4 


10.9 




100.2 


77.2 


96.4 


22.7 


58.2 


1938 


286.1 


115.9 


70.2 




88.1 


32.2 


33.0 


39.9 


47.4 


1939 


211.0 


233.3 


22.3 




113.2 


40.5 


33.5 


40.0 


80.1 


1940 


601.4 


301.9 


299.5 




79.5 


89.6 


81.4 


28.1 


59.7 


1941 


934.5 


397.6 


536.9 




30.4 


51.5 


66.5 


34.0 


18.6 


1942 


2,072.7 


534.4 


1,538.3 




13.8 


129.6 


133.0 


45.2 


34.9 


1943 


3,047.8 


590.2 


2,457.6 




47.3 


101.1 


106.3 


60.5 


18.4 


1944 


3,122.1 


497.5 


2,624.5 




12.4 


89.0 


86.6 


81.6 


66.7 


1945 


3,636.5 


132.7 


3,503.9 




40.8 


137.3 


137.4 


69.3 


28.6 


1946 


913.5 


866.1 


47.4 




59.6 


73.4 


68.7 


82.5 


18.2 


1947 


371.4 


641.5 


270.1 




150.1 (2K3) 


125.2 


125.2 


84.9 


65.2 l2)lJ) 


1948 


1,424.8 


1,634.8 


210.0 




235.2 


104.3 


85.0 


80.2 


174.2 


1949 


820.7 


1,236.7 


416.1 




405.2 


53.8 


73.4 


47.9 


337.7 


Quarters 




















1941— I 


23.3 


91.4 


68.2 




20.6 


14.1 


31.8 


7.3 


4.3 


II 


871.4 


139.1 


732.2 




2.9 


7.0 


8.7 


12.3 


11.1 


III 


18.4 


8.2 


10.2 




2.6 


1.6 


15.0 


6.0 


16.8 


IV 


21.5 


158.8 


137.3 




4.2 


28.9 


11.0 


8.5 


13.7 


1942— I 


1,019.4 


376.1 


643.4 




1.6 


1.3 


12.6 


6.9 


16.5 


II 


24.7 


62.0 


37.3 




5.7 


59.8 


7.5 


13.0 


45.1 


III 


18.7 


24.0 


5.3 




1.9 


39.3 


40.3 


12.4 


11.5 


IV 


1,009.9 


72.4 


937.6 




4.6 


29.2 


72.7 


13.0 


52.0 


1943— I 


119.4 


184.1 


64.7 




3.7 


59.7 


55.5 


12.9 


5.1 


II 


1,326.1 


32.3 


1,293.8 




3.1 


20.7 


23.4 


15.7 


15.4 


III 


16.4 


127.8 


111 .4 




36.0 


20.8 


19.9 


20.9 


16.0 


IV 


1,585.9 


246.0 


1,339.9 




4.5 


- 


7.4 


10.9 


13.8 


1944— I 


17.4 


24.2 


6.8 




4.6 


13.6 


14.3 


24.0 


20.2 


II 


1,419.5 


137.4 


1,282.1 




.5 


21.0 


10.3 


24.6 


13.5 


III 


12.6 


118.7 


106.1 




2.2 


25.4 


39.2 


18.6 


30.2 


IV 


1,672.6 


217.3 


1,455.4 




5.0 


29.1 


22.8 


14.3 


2.9 


1945— I 


14.5 


7.9 


6.5 




3.2 


47.1 


6.8 


11.5 


32.1 


II 


1,575.6 


10.1 


1,565.5 




13.7 


— 


21.3 


21.4 


28.9 


III 


10.0 


10.6 


.6 




20.4 


29.1 


38.4 


15.7 


4.5 


IV 


2,036.5 


104.0 


1,932.4 




3.5 


61.0 


70.9 


20.7 


27.2 


1946— I 


9.7 


195.1 


185.3 




13.9 


13.6 


4.8 


19.6 


3.0 


II 


7.0 


213.9 


207.0 




16.0 


17.5 


13.5 


19.8 


.2 


III 


6.4 


10.5 


4.1 




17.4 


29.8 


39.3 


25.7 


17.7 


IV 


890.4 


446.6 


443.8 




12.2 


12.5 


11.0 


17.4 


3.7 


1947— I 


73.5 


54.1 


19.4 




78.1 (s) 


40.1 


35.3 


21.7 


61.3 (,) 


II 


14.6 


408.7 


394.1 




25.9 


32.0 


16.0 


12.9 


29.0 


III 


10.4 


32.8 


22.4 




7.6 


2.3 


40.6 


26.4 


57.2 


IV 


273.0 


145.9 


127.1 




38.4 (3 ' 


50.8 


33.2 


24.0 


32.1 W 


1948— I 


414.5 


652.3 


237.8 




48.3 


11.4 


6.8 


20.1 


32.8 


II 


95.7 


49.6 


46.1 




27.3 


40.5 


13.4 


16.1 


38.3 


III 


153.1 


183.8 


30.7 




50.0 


4.5 


28.6 


11.9 


14.0 


IV 


761.5 


749.1 


12.4 




109.6 


47.9 


36.2 


32.2 


89.1 


1949— I 


45.2 


98.3 


53.1 




63.7 


8.7 


27.8 


24.7 


19.9 


II 


7.0 


52.8 


45.8 




74.6 


2.2 


4.2 


6.9 


65.7 


III 


173.7 


45.7 


128.0 




128.8 


42.8 


11.5 


10.2 


149.9 


IV 


594.8 


1 ,039.9 


445.1 




138.1 




29.8 


6.1 


102.2 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS. 1939. but thereafter conversion is made on the basis of the official rates 
of the Foreign Exchange Control Board. t Does not include refundable tax changes which were (in millions of dollars) 70. 155. 219, 70, 27, 85 and 2S7 from 
1943 to 1949 respectively. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Govt, of Canada Treasury 
Bills, Deposit Certificates and short-term notes sold directly to Bank of Canada and the chartered banks are not included in Heading I but are shown separately 
in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, the net re- 



17 



Par Values in Millions of Canadian Dollars* 



SECURITY MARKETS : BOND ISSUES AND RETIREMENTS^ 

Bank of Canada 







III 


-Corporations 






New Issues 


Retirements 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Other 


Calendar Years 
1936 


80.1 


175.2 


162.0 


52.0 


41.3 


1937 


60.5 


70.6 


83.8 


59.4 


12.1 


1938 


32.2 


30.9 


30.9 


42.8 


10.7 


1939 


36.1 


201.4 


202.0 


68.7 


33.3 


1940 


36.8 


18.3 


17.7 


94.6 


57.2 


1941 


17.5 


3.8 


3.8 


81.4 


63.9 


1942 


7.9 


39.1 


41.8 


80.2 


75.0 


1943 


22.7 


38.9 


38.9 


84.3 


61.7 


1944 


51.1 


95.5 


95.5 


89.4 


38.3 


1945 


79.1 


107.3 


110.2 


76.2 


.1 


1946 


125.3 


460.8 


460.1 


124.8 


1.2 


1947 


267.2 


203.1 


197.3 


152.2 


120.7 


1948 


271.2 


20.1 


25.8 


60.8 


204.7 


1949 


232.2 


41.8 


41.8 


75.5 


156.7 


Quarters 
1941— I 


5.0 


1.8 


1.2 


17.0 


11.3 


II 


3.6 


.3 


.7 


32.6 


29.3 


III 


3.3 


.4 


.7 


10.0 


7.0 


IV 


5.6 


1.2 


1.2 


21.8 


16.3 


1942— I 


1.1 


9.1 


9.1 


32.8 


31.7 


II 


1.4 


23.2 


25.6 


24.3 


25.3 


III 


4.8 


3.2 


3.5 


10.4 


5.9 


IV 


.5 


3.6 


3.6 


12.7 


12.2 


1943— I 


13.6 


9.7 


4.1 


17.9 


1.2 


II 


3.3 


24.4 


6.4 


33.0 


11.8 


III 


.5 


3.6 


27.0 


13.0 


35.9 


IV 


5.2 


1.3 


1.4 


20.3 


15.2 


1944— I 


3.1 


33.6 


32.0 


15.5 


10.8 


II 


19.9 


35.2 


22.9 


20.9 


11.3 


III 


13.2 


4.5 


18.4 


22.9 


23.7 


IV 


14.9 


22.2 


22.2 


30.0 


15.1 


1945— I 


8.9 


81.7 


43.1 


13.9 


33.7 


II 


8.4 


12.4 


45.2 


37.5 


61.8 


III 


29.9 


11.1 


19.5 


11.2 


10.3 


IV 


31.9 


2.0 


2.4 


13.6 


17.9 


1946— I 


25.5 


111.6 


42.8 


40.1 


54.3 


II 


52.2 


166.6 


205.7 


33.2 


20.1 


III 


29.7 


140.7 


113.0 


30.6 


26.8 


IV 


17.9 


41.9 


98.6 


21.0 


59.8 


1947— I 


43.2 


132.7 


40.6 


25.0 


110.3 


II 


58.7 


46.1 


133.7 


35.1 


64.0 


III 


39.8 


8.9 


16.8 


77.4 


45.5 


IV 


125.5 


15.4 


6.3 


14.7 


119.9 


1948— I 


84.3 


10.0 


9.1 


16.7 


68.5 


II 


62.0 


3.0 


6.7 


16.5 


41.8 


III 


56.6 


1.6 


6.6 


16.7 


35.0 


IV 


68.3 


5.5 


3.5 


10.9 


59.4 


1949— I 


43.2 


.7 


.7 


15.4 


27.8 


II 


75.9 


10.0 


10.0 


19.8 


56.1 


III 


62.8 


— 


— 


24.6 


38.1 


IV 


50.4 


31.1 


31.1 


15.6 


34.7 



I+II+III 



Net New 

Issues or 
Retirements 



211.8 

57.0 

106.9 

24.6 

301.9 

454.4 

1,428.4 

2,377.6 

2,519.5 

3,475.2 

30.4 

84.1 

169.0 

78.4 

83.8 
691.8 

13.6 
139.9 

595.2 
17.6 
22.7 

873.4 

68.6 

1,266.7 

131.4 

1,310.9 

37.8 

1,279.9 

159.9 

1,437.3 

72.3 

1,474.7 

5.1 

1,923.1 

128.0 

226.9 

5.1 

380.2 

191.0 
429.0 
125.1 
279.0 

136.4 

126.2 

18.3 

160.9 

5.4 

76.0 
316.0 

308.2 



IV— Govt, of Canada Treasury 


Bills, Deposit Certificates and 


Short-Term Issues Sold 


Directly to Bank of Canada 


and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


12 


265 


— 


265 


5 


270 


200 


470 


315 


785 


290 


1,075 


633 


1,708 


535 


2,243 


248 


2,491 


695 


1,796 


250 


1,546 


346 


1,200 


100 


1,300 


100 


1,200 


250 


1,035 


— 


1,035 


— 


1,035 


40 


1,075 


— 


1,075 


193 


1,268 


510 


1,778 


70 


1,708 


410 


2,118 


50 


2,068 


200 


2,268 


25 


2,243 


105 


2,348 


70 


2,418 


121 


2,539 


48 


2,491 


55 


2,436 


— 


2,436 


160 


2,276 


480 


1,796 


— 


1,796 


— 


1,796 


45 


1,841 


295 


1,546 


266 


1,280 


200 


1,480 


160 


1,320 


120 


1,200 


100 


1,300 


— 


1,300 


— 


1,300 


— 


1,300 


— 


1,300 


— 


1,300 


100 


1,200 


— 


1,200 



duction of total municipal bonded debt has been (in millions of dollars) approximately 27, 25, 34, 41, 30, 46, 61, 53, 27, 43, 5 in the years 1936 to 1946 respectively. 
Before the transfer to the Quebec Municipal Commission of certain school debt, the estimated net increases from 1947 to 1949 were 31 ,71 and 89. (2) Before 
giving effect to the issue of $112.2 million of Quebec Hydro debentures in connection with retirement of Montreal Light Heat & Power stock. (3) Before giving 
effect to the issue of $63. 2 million of Quebec Municipal Commission bonds re transfer of the debt of certain school corporations. 



18 



SECURITY MARKETS : BOND ISSUES AND RETIREMENTS 

Bank of Canada 

SUMMARY OF CHANGES IN CURRENCY OF PAYMENT'" 

GOVT. OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
AND CORPORATION BONDS 



Par Values in 


Millions 


of Canadian Dollars* 






















NEW ISSUES were payable In: 




Retirements 


were payable in: 




Net Inc 
Net D< 
In Bonds 
ingPi 


rease or 

'crease 

Outstand- 




Canada 
only 


NewYork 
only 


Canada & 
NewYork 


London 


Total 


Canada 
only 


New York 
only 


Canada b" 
New York 


Canada 
New York 
b" London 


London 


Total 






In Canada 
only 


Abroad 


Calendar Years 
1936 


652.7 


118.0 


3.0 


1.9 


775.6 


233.8 


156.2 


38.7 


115.2 


19.9 


563.8 


419.0 


207.1 


1937 


537.4 


93.8 


10.3 


15.3 


656.8 


355.1 


22.7 


131.6 


56.0 


34.4 


599.8 


182.3 


125.3 


1938 


377.7 


40.2 


.3 


51.2 


469.4 


196.5 


50.1 


25.2 


22.1 


68.6 


362.5 


181.2 


74.3 


1939 


470.0 


83.4 


48.5 


.2 


602.1 


249.1 


21.0 


119.5 


86.7 


101.2 


577.5 


220.9 


196.3 


1940 


820.1 


5.2 


.2 


.1 


825.6 


323.5 


7.1 


19.8 


10.9 


162.4 


523.7 


496.6 


194.7 


1941 


1,023.3 


14.0 


- 


.4 


1,037.7 


326.7 


29.8 


18.0 


21.4 


187.4 


583.3 


696.5 


242.1 


1942 


2,231.9 


30.1 


.6 


.4 


2,263.1 


406.7 


12.6 


49.3 


97.6 


268.6 


834.7 


1,825.2 


396.9 


1943 


3,113.9 


143.3 


.2 


.4 


3,257.8 


526.8 


260.6 


52.3 


21.8 


18.7 


880.2 


2,587.1 


209.5 


1944 


3,269.9 


83.8 


15.1 


1.3 


3,370.2 


635.4 


27.6 


63.5 


100.6 


23.6 


850.7 


2,634.5 


115.1 


1945 


3,873.6 


49.0 


77.9 


.4 


4,000.9 


283.4 


73.2 


52.0 


101.0 


16.1 


525.7 


3,590.2 


115.0 


1946 


1,456.3 


171.5 


4.7 


.1 


1,632.6 


1,101.9 


317.5 


109.4 


58.1 


15.2 


1,602.2 


354.4 


324.0 


1947 


1,106.0 


5.5 


5.0 


.4 


1,116.9 


938.3 


66.5 


60.6 


104.8 


30.9 


1,201.1 


167.8 


251.9 


1948 


1,765.4 


290.0 


- 


.3 


2,055.6 


1,695.4 


161.2 


19.0 


5.3 


5.6 


1,886.6 


69.9 


99.1 


1949 


1,453.6 


100.0 


- 


- 


1,553.6 


1,356.9 


8.9 


10.9 


90.5 


8.1 


1,475.2 


96.8 


18.4 


Quarters 
1941— I 


64.7 


_ 


_ 




64.8 


90.2 


2.2 


2.5 


5.8 


47.9 


148.7 


25.4 


58.4 


II 


871.9 


13.3 


- 




885.2 


150.4 


24.3 


6.5 


3.4 


8.8 


193.4 


721.4 


29.6 


III 


25.4 


.7 


- 




26.3 


25.1 


1.2 


5.0 


1.9 


6.8 


39.9 


.4 


14.0 


IV 


61.2 


- 


- 




61.4 


61.0 


2.1 


4.0 


10.2 


123.8 


201.3 


.2 


140.1 


1942— I 


1,032.1 


.4 


_ 




1,032.6 


217.6 


2.9 


5.5 


39.8 


171.5 


437.4 


814.5 


219.3 


II 


94.0 


20.7 


- 




114.8 


37.5 


2.8 


6.6 


35.2 


50.3 


132.4 


56.5 


74.1 


III 


61.6 


5.5 


.6 




67.8 


38.4 


1.1 


10.7 


4.7 


35.7 


90.5 


23.3 


45.9 


IV 


1,044.1 


3.6 


- 




1,047.9 


113.2 


5.8 


26.5 


17.8 


11.1 


174.4 


931.0 


57.5 


1943— I 


92.1 


113.8 


_ 




206.0 


128.4 


135.4 


2.4 


2.8 


5.7 


274.7 


36.3 


32.4 


II 


1,356.0 


21.2 


.2 




1,377.5 


84.7 


1.7 


6.7 


12.3 


5.4 


110.8 


1,271.3 


4.6 


III 


68.9 


8.3 


- 




77.3 


43.6 


119.7 


40.0 


1.7 


3.6 


208.6 


25.3 


156.7 


IV 


1,596.9 


- 


- 




1,597.0 


270.1 


3.8 


3.1 


5.0 


4.0 


286.1 


1,326.7 


15.8 


1944— I 


36.5 


32.4 


3.3 




72.3 


64.6 


2.7 


33.4 


6.4 


3.1 


110.1 


28.1 


9.8 


II 


1,460.0 


29.0 


6.1 


1.0 


1,496.0 


184.0 


13.1 


14.8 


2.4 


1.9 


216.1 


1,276.0 


3.9 


III 


43.3 


14.5 


.1 




57.9 


115.7 


3.2 


8.3 


83.7 


6.8 


217.8 


72.4 


87.5 


IV 


1,730.2 


7.9 


5.7 




1,743.9 


271.1 


8.6 


7.0 


8.1 


11.8 


306.6 


1,459.1 


21.8 


1945— I 


84.2 


26.9 


44.2 




155.4 


43.0 


2.1 


1.3 


34.3 


2.5 


83.2 


41.2 


31.1 


II 


1,610.1 


- 


- 




1,610.2 


45.5 


3.7 


24.2 


60.1 


1.8 


135.4 


1,564.6 


89.8 


III 


95.5 


- 


5.0 




100.5 


63.3 


20.9 


3.1 


3.4 


4.7 


95.5 


32.2 


27.1 


IV 


2,083.9 


22.1 


28.8 




2,134.8 


131.6 


46.4 


23.4 


3.1 


7.1 


211.6 


1,952.3 


29.1 


1946— I 


115.0 


59.3 


_ 


_ 


174.4 


97.0 


145.0 


48.3 


5.3 


6.8 


302.4 


18.0 


146.1 


II 


201.6 


57.6 


- 


- 


259.3 


366.9 


79.8 


30.7 


6.0 


2.8 


486.1 


165.3 


61.6 


III 


164.8 


54.5 


4.8 


- 


224.0 


117.9 


83.2 


11.1 


2.8 


3.9 


219.0 


46.9 


41.8 


IV 


974.9 


- 


- 


- 


974.9 


520.1 


9.5 


19.3 


44.0 


1.7 


594.7 


454.8 


74.6 


1947— I 


367.5 


_ 


_ 




367.6 


117.4 


37.6 


4.7 


4.6 


12.4 


176.6 


250.1 


59.2 


II 


166.7 


5.5 


5.0 




177.3 


478.2 


6.8 


33.3 


85.4 


2.5 


606.3 


311.5 


117.5 


III 


68.9 


- 


- 




69.0 


133.4 


14.7 


18.8 


13.2 


14.0 


194.1 


64.6 


60.6 


IV 


503.0 


- 


- 




503.1 


209.2 


7.5 


3.8 


1.6 


2.0 


224.0 


293.7 


14.7 


1948— I 


518.5 


50.0 


_ 




568.6 


692.9 


6.6 


3.1 


1.5 


.9 


705.0 


174.4 


38.0 


II 


138.4 


90.0 


- 




228.5 


86.6 


3.4 


8.9 


2.0 


1.3 


102.3 


51.8 


74.4 


III 


115.8 


150.0 


- 




265.9 


95.8 


148.7 


1.9 


.2 


.9 


247.5 


20.0 


1.6 


IV 


992.6 


- 


- 




992.6 


820.1 


1.6 


5.1 


1.6 


2.4 


831.8 


172.6 


11.6 


1949— I 


161.4 


_ 


_ 


_ 


161.4 


156.9 


1.2 


3.1 


2.0 


3.7 


166.8 


4.5 


9.9 


II 


169.7 


- 


- 


- 


169.7 


86.0 


3.5 


1.7 


2.1 


.4 


93.7 


83.7 


7.7 


III 


308.1 


100.0 


_ 


- 


408.1 


82.3 


1.4 


4.9 


.2 


3.3 


92.1 


225.8 


90.2 


IV 


814.4 


- 


- 


- 


814.4 


1,031.6 


2.9 


1.1 


86.2 


.7 


1,122.6 


217.3 


90.9 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. 15. 1939, but thereafter conversion is made on the basis of the official rate* 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Govt, of Canada 
Treasury Bills, Deposit Certificates and short-term notes sold directly to Bank of Canada and the chartered banks are not included in Heading 1 but are shown 
separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible However, 
the net reduction of total municipal bonded debt has been (in millions of dollars) approximately 27. 25, 34, 41, 30. 46, 01. S3, 27, 43, 5 in the yen.- l«3o lo 1946 
respectively. Before the transfer to the Quebec Municipal Commission of certain school debt, the estimated net increases from 1947 to 1949 were 31. 71 and 89. 



19 



GOVT. OF CANADA DIRECT AND GUARANTEED FUNDED DEBT OUTSTANDING* 
CLASSIFIED BY TERM REMAINING TO MATURITY** 

Millions of Dollars Bank °f Canada 





Term in Years 


Total 

Amount 

Outstanding* 


As at March 31 


1 or less 


Over 1 

not more 
than 2 


Over 2 

not more 

than 3 


Over 3 

not more 
than 5 


Over 5 
not more 
than 10 


Over 10 
not more 
than 15 


Over 15 


1926 


139.8 


122.0 


54.5 


81.0 


1,187.8 


532.1 


948.2 


3,065.3 


1927 


127.4 


55.5 


100.6 


83.2 


1,270.3 


420.2 


1,012.6 


3,069.7 


1928 


58.4 


100.6 


47.6 


156.7 


1,421.3 


182.7 


1,077.2 


3,044.6 


1929 


117.7 


47.6 


80.5 


525.5 


1,026.1 


276.7 


965.5 


3,039.7 


1930 


47.7 


80.5 


76.2 


1,021.3 


455.1 


326.8 


1,080.3 


3,088.0 


1931 


80.6 


116.2 


449.3 


615.4 


537.3 


247.4 


1,254.7 


3,300.8 


1932 


92.4 


172.6 


286.2 


240.0 


561.5 


272.2 


1,921.5 


3,546.5 


1933 


282.7 


321.2 


68.4 


435.4 


322.6 


276.8 


1,971.7 


3,678.8 


1934 


442.4 


157.8 


196.0 


293.1 


463.6 


219.2 


2,046.5 


3,818.6 


1935 


363.3 


259.4 


239.0 


225.3 


506.9 


307.7 


2,114.4 


4,016.0 


1936 


424.4 


239.0 


197.5 


267.2 


703.8 


332.0 


2,062.6 


4,226.6 


1937 


389.1 


197.5 


191.2 


343.7 


632.2 


377.7 


2,176.1 


4,307.4 


1938 


347.5 


231.2 


201.0 


319.2 


561.7 


678.3 


1,993.0 


4,331.9 


1939 


386.2 


201.0 


182.7 


370.1 


455.9 


736.8 


2,105.3 


4,437.9 


1940 


356.0 


382.7 


252.0 


450.3 


582.2 


590.8 


2,133.6 


4,747.6 


1941 


802.7 


252.0 


463.6 


533.1 


510.4 


1,026.1 


1,675.5 


5,323.4 


1942 


617.4 


475.9 


557.8 


450.7 


1,658.4 


1,507.2 


1,397.2 


6,664.7 


1943 


1,832.9 


750.7 


233.4 


781.6 


1,831.7 


1,983.4 


1,255.7 


8,669.4 


1944 


2,150.7 


517.7 


559.0 


1,053.6 


2,503.7 


3,973.3 


845.0 


11,603.0 


1945 


2,402.4 


659.0 


1,038.7 


986.8 


2,238.3 


4,253.4 


2,978.5 


14,557.1 


1946 


2,355.0 


1,038.6 


602.2 


1,169.2 


2,274.2 


5,321.3 


4,554.4 


17,314.9 


1947 


2,095.1 


972.0 


536.3 


1,694.7 


2,748.1 


5,776.2 


3,253.2 


17,075.6 


1948 


2,032.3 


861.3 


842.9 


1,227.4 


3,666.9 


4,562.7 


3,252.5 


16,446.0 


1949 


2,161.3 


826.2 


1,288.5 


1,102.8 


4,334.1 


4,405.9 


1,987.6 


16,106.4 



* Gross amount outstanding, excluding School Land Debenture Stock and all matured items. ** To final maturity date, excluding consideration of any callable 
features which may exist. 

SECURITY MARKETS : CANADIAN BOND PRICES AND YIELDS 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 




Average of Business Days 


15th of Each Month** 




3% Perpetuals 


Theoretical 

15 Year 

Bond 


Theoretical 

9 Year 

Bond 


Theoretical 
5 Year 
Bond 


Theoretical 

2 Year 

Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 
1936 


* 


* 


2.97 


2.46 


1.72 


1.28 


1937 


88.27 


3A0 


3.17 


2.93 


2.07 


1.37 


1938 


89.67 


3.35 


3.09 


2.76 


1.93 


1.14 


1939 


91.58 


3.28 


3.16 


2.88 


2.11 


1.51 


1940 


88.46 


3.39 


3.28 


2.96 


2.16 


1.48 


1941 


92.23 


3.26 


3.10 


2.92 


2.11 


1.40 


1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.92 


1.39 


1946 


103.68 


2.76 


2.61 


2.32 


1.69 


1.39 


1947 


104.00 


2.73 


2.57 


2.25 


1.75 


1.43 


1948 


99.63 


3.01 


2.93 


2.72 


2.27 


1.44 


1949 


100.88 


2.93 


2.83 


2.64 


2.24 


1.66 



20 



SECURITY MARKETS 



CANADIAN BOND PRICES AND YIELDS 

Bank of Canada 





Government of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 




Average of Business Days 


15th of Each Month** 




3% Perpetuals 


Theoretical 

15 Year 

Bond 


Theoretical 

9 Year 

Bond 


Theoretical 
5 Year 
Bond 


Theoretical 

2 Year 

Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Monthly 
1945— Jan. 


97.25 


3.08 


2.98 


2.65 


2.06 


1.42 


Feb. 


97.25 


3.08 


2.97 


2.64 


2.05 


1.41 


Mar. 


97.25 


3.08 


2.97 


2.60 


2.01 


1.40 


Apr. 


97.25 


3.08 


2.96 


2.57 


1.97 


1.38 


May 


97.31 


3.08 


2.96 


2.57 


1.97 


1.38 


June 


97.51 


3.08 


2.95 


2.52 


1.92 


1.38 


July 


97.87 


3.07 


2.91 


2.48 


1.89 


1.38 


Aug. 


98.13 


3.06 


2.91 


2.48 


1.88 


1.37 


Sept. 


98.25 


3.05 


2.92 


2.49 


1.88 


1.37 


Oct. 


98.25 


3.05 


2.91 


2.49 


1.88 


1.37 


Nov. 


98.26 


3.05 


2.90 


2.50 


1.80 


1.38 


Dec. 


98.88 


3.03 


2.83 


2.48 


1.77 


1.38 


1946— Jan. 


101.58 


2.90 


2.75 


2.43 


1.75 


1.38 


Feb. 


103.62 


2.77 


2.62 


2.37 


1.70 


1.38 


Mar. 


104.19 


2.73 


2.60, 


2.26 


1.65 


1.38 


Apr. 


104.08 


2.74 


2.58 


2.29 


1.65 


1.38 


May 


103.88 


2.75 


2.60 


2.31 


1.68 


1.38 


June 


103.81 


2.75 


2.60 


2.31 


1.68 


1.40 


July 


103.86 


2.75 


2.59 


2.31 


1.68 


1.40 


Aug. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 


Sept. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 


Oct. 


103.81 


2.75 


2.60 


2.32 


1.70 


1.39 


Nov. 


103.90 


2.74 


2.60 


2.30 


1.68 


1.39 


Dec. 


103.95 


2.74 


2.60 


2.31 


1.70 


1.40 


1947— Jan. 


103.88 


2.74 


2.60 


2.31 


1.72 


1.41 


Feb. 


103.88 


2.74 


2.59 


2.29 


1.73 


1.41 


Mar. 


103.88 


2.74 


2.59 


2.28 


1.74 


1.42 


Apr. 


103.88 


2.74 


2.60 


2.28 


1.75 


1.43 


May 


103.88 


2.74 


2.59 


2.27 


1.76 


1.44 


June 


103.88 


2.74 


2.57 


2.26 


1.75 


1.44 


July 


104.08 


2.73 


2.55 


2.23 


1.74 


1.45 


Aug. 


104.25 


2.71 


2.55 


2.21 


1.73 


1.45 


Sept. 


104.37 


2.71 


2.55 


2.21 


1.75 


1.45 


Oct. 


104.01 


2.73 


2.55 


2.22 


1.76 


1.44 


Nov. 


104.00 


2.73 


2.55 


2.23 


1.76 


1.44 


Dec. 


103.99 


2.73 


2.56 


2.24 


1.76 


1.42 


1948— Jan. 


100.97 


2.93 


2.79 


2.67 


2.24 


1.38 


Feb. 


100.42 


2.97 


2.79 


2.69 


2.19 


1.32 


Mar. 


99.18 


3.02 


. 2.98 


2.81 


2.26 


1.33 


Apr. 


99.04 


3.03 


2.98 


2.79 


2.29 


1.35 


May 


99.41 


3.02 


2.92 


2.69 


2.30 


1.38 


June 


99.34 


3.02 


2.96 


2.72 


2.32 


1.47 


July 


99.41 


3.02 


2.94 


2.68 


2.26 


1.44 


Aug. 


99.44 


3.02 


2.98 


2.75 


2.31 


1.52 


Sept. 


99.47 


3.02 


2.95 


2.71 


2.26 


1.46 


Oct. 


99.47 


3.02 


2.97 


2.73 


2.27 


1.49 


Nov. 


99.60 


3.01 


2.93 


2.73 


2.25 


1.53 


De